Palace says Phl-China energy exploration agreement should serve interests of both nations
Malacanang said that any agreement between China and the Philippines particularly on energy exploration should serve the interests of both nations.
It was reported that the Philippine government is working with China for an oil exploration agreement. President Benigno Aquino III leaves for China Tuesday for a five-day state visit there.
“It’s still in the exploratory stage. We don’t know yet kung ano na ang details of the agreement. But certainly what we'll be taking into consideration the interests of the parties. Mahalaga ay dapat talagang patas yung agreement to all concerned,” Presidential spokesman Edwin Lacierda said in a radio interview over state-run dzRB Radyo ng Bayan on Saturday.
While the discussions are still exploratory Lacierda said it is a good sign because it shows that both sides have interests for continued dialogue notwithstanding some disagreements between the two countries.
“Multifaceted po ang relasyon natin with China and it shows that one of the facets of our relationship is the trade aspect. When you go to china, it will show our trade, our culture, our business and our ties with China. It’s a good sign,” he said.
Aside from energy cooperation between China and the Philippines, Chinese Ambassador to the Philippines Liu Jianchao said this week that Chinese businessmen are also interested in investing in the Philippines particularly through the public-private partnership (PPP) being spearheaded by the Aquino administration.
Chinese businessmen are following closely the initiative of the PPP and they want to be involved in these projects, Liu said adding they are waiting for detailed announcement.
President Aquino’s state visit to China could also open up a lot of opportunities for the Philippines, Liu said. China can provide the Philippines both concessional and commercial loans as the Asian giant economy expands its investments in the region. (PCOO)
Malacanang said that any agreement between China and the Philippines particularly on energy exploration should serve the interests of both nations.
It was reported that the Philippine government is working with China for an oil exploration agreement. President Benigno Aquino III leaves for China Tuesday for a five-day state visit there.
“It’s still in the exploratory stage. We don’t know yet kung ano na ang details of the agreement. But certainly what we'll be taking into consideration the interests of the parties. Mahalaga ay dapat talagang patas yung agreement to all concerned,” Presidential spokesman Edwin Lacierda said in a radio interview over state-run dzRB Radyo ng Bayan on Saturday.
While the discussions are still exploratory Lacierda said it is a good sign because it shows that both sides have interests for continued dialogue notwithstanding some disagreements between the two countries.
“Multifaceted po ang relasyon natin with China and it shows that one of the facets of our relationship is the trade aspect. When you go to china, it will show our trade, our culture, our business and our ties with China. It’s a good sign,” he said.
Aside from energy cooperation between China and the Philippines, Chinese Ambassador to the Philippines Liu Jianchao said this week that Chinese businessmen are also interested in investing in the Philippines particularly through the public-private partnership (PPP) being spearheaded by the Aquino administration.
Chinese businessmen are following closely the initiative of the PPP and they want to be involved in these projects, Liu said adding they are waiting for detailed announcement.
President Aquino’s state visit to China could also open up a lot of opportunities for the Philippines, Liu said. China can provide the Philippines both concessional and commercial loans as the Asian giant economy expands its investments in the region. (PCOO)
Malacanang says Phl-Japan relation remains stable
Malacanang assured on Saturday that the Philippine’s relations with Japan remain very stable following the resignation of Japanese Prime Minister Naoto Kan.
In an interview over government-run dzRB Radyo Ng Bayan, Presidential Spokesperson Edwin Lacierda said “Our relations with Japan is very stable, we have a very competent and able ambassador there at tuloy-tuloy naman po ang ating relations with Japan.”
The Aquino government, through Philippine Ambassador to Japan Manuel M. Lopez, reassures the Japanese government that the multifaceted cooperative relationship between the two countries will continue.
“We will just wait for their next Prime Minister. But apart from the resignation of their Prime Minister, the work continues, the relationship continues and we see no difference or we see no change in the relations between Japan and the Philippines.” Lacierda said over the radio.
Japanese Prime Minister Kan announced on Friday his resignation as party leader during a meeting with members of the ruling Democratic Party of Japan.
The party will elect next week a new leader who will take over as prime minister.
Last Friday, the parliament approved two bills. Kan said he believes the two bills -- the deficit-financing bond bill and the new energy promotion bill -- will push forward his reconstruction policies.
Last March 11, Japan was hit by devastating earthquake and tsunami and subsequent nuclear crisis.
The disaster triggered the worst nuclear crisis since Chernobyl, as cores overheated and spewed radioactive material into surrounding areas.(PCOO)
Malacanang urges public to heed PAGASA warning
Malacanang on Saturday urged the public to follow the instructions and not to ignore the warnings issued by the local government officials to avoid possible tragedy as Typhoon Mina continues to batter northern Luzon.
Presidential Spokesman Edwin Lacierda issued the statement after Typhoon Mina made a landfall over Gonzaga in Cagayan province on Saturday. Public storm warnings have been hoisted over several areas in northern Luzon.
“Ang aming hinihiling sa publiko sana makinig po tayo sa mga warnings po at sa instructions ng NDRRMC at saka ng kani-kanilang mga Disaster Risk and Rehabilitation Offices po, officials po,” Lacierda said.
“Let’s not ignore the warnings of the local government officials. Mahalaga na sundin natin ang kanilang mga babala at kanilang mga instruksiyon,” the spokesman said over government-run radio station, dzRB.
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said as of 10 a.m. Saturday, Typhoon Mina was located 90 km northeast of Tuguegarao City with maximum sustained winds of 195 kilometer per hour near the center.
Typhoon Mina continues to move northwest at 7 kilometer per hour and expected to be 80 km north of Aparri, Cagayan on Sunday morning.
According to Pagasa, Storm Signal number 4 remains hoisted over northern Cagayan including Calayan and the Babuyan Group of Islands, while areas under Signal Number 3 are Isabela, Apayao, the rest of Cagayan and Batanes Group of Islands.
Under Signal Number 2 are northern Aurora, Quirino, Ifugao, Mountain Province, Kalinga, Ilocos Norte, Ilocos Sur, Abra, Benguet, and La Union, while Signal Number 1 is up over the rest of Aurora, Nueva Vizcaya, Nueva Ecija, Pangasinan, Tarlac and Zambales.
Residents in low-lying and mountainous areas under public storm warning signals, southern Luzon and Visayas are alerted for possible flashfloods and landslides, and those living in coastal areas are alerted against big waves or storm surges generated by Typhoon Mina.(PCOO)
