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Philippines Preparing for Possible Economic Fallout With China Amid Sea Row

(Bloomberg) The Philippines is seeking new avenues for trade in a bid to build economic resilience amid the possibility that escalating maritime tensions with its top trading partner China may lead to sanctions, according to the government’s top diplomat.Most Read from BloombergHawaii Rightly Rejects Supreme Court’s Gun NonsensePutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionApple Readies AI Tool to R

PHL preparing for possible economic fallout with China amid sea dispute | Cliff Venzon & Manolo Serapio Jr

The Philippines is seeking new avenues for trade in a bid to build economic resilience amid the possibility that escalating maritime tensions with its top trading partner China may lead to sanctions, according to the government’s top diplomat. Relations between the two nations have been strained over the past year…

DFA chief: Japan defense accord talks progressing; VFA with France a possibility

Foreign Affairs Secretary Enrique Manalo on Thursday said talks for a “reciprocal access agreement” between the Philippines and Japan are “progressing,” while a similar accord with France is “a possibility” as Manila seeks to bolster defense ties with allies amid concerns over the volatile situation in the South China Sea.

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