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Transcripts for BBCNEWS Outside Source 20240604 20:10:00

to four more military bases, as it tries to counter chinese influence in the region. the agreement was signed off by the us defence secretary lloyd austin after talks in manila. here s mr austin announcing the deal. america s commitments to the defence of the philippines is ironclad. we discussed expanding the enhanced defence cooperation agreement, which allows our forces to operate together more efficiently from key sites across the philippines. and we re pleased to announce today that president marcos has approved four new edca locations. that brings the total number of edca sites to nine. here s our asia correspondent on why this deal is important for the us. this behind me here is camp aguinaldo. it s the headquarters of the philippine armed forces, and this is where the us secretary of defence lloyd austin came today to announce this agreement.

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Transcripts for BBCNEWS World Business Report 20240604 04:39:00

company to leave the russian market because of the war in ukraine. our asia business reporter nick marsh is following the story. tell us more. deciding to pack up and finally leave, eight months after the invasion of ukraine. now obviously we have seen waves and ways of international companies leaving russia since that invasion. but interestingly in the car industry not many have decided to actually fully sell up and exited that market. most, like nissan, have suspended operations, they have stopped import, but clearly nissan has decided it has seen enough, look at the situation in ukraine, it has seen the economic outlook in russia, and decided that things aren t going to be changing anytime soon. now clearly a big driver behind this decision is the supply chain, that has been

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