Philippines, Japan to tackle economic security during Marcos' trip to Tokyo

Katrina Domingo, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Philippine President Ferdinand Marcos Jr. and Japan Prime Minister Fumio Kishida pose for a photo as they met on Sept. 21, 2022 on the sidelines of of the UN General Assembly in New York in the US. Photo courtesy of Bongbong Marcos Facebook page" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/life/09/22/philippine-president-ferdinand-marcos-jr-japan-prime-minister-fumio-kishida.jpg"/><figcaption>Philippine President Ferdinand Marcos Jr. and Japan Prime Minister Fumio Kishida pose for a photo as they met on Sept. 21, 2022 on the sidelines of of the UN General Assembly in New York in the US. Photo courtesy of Bongbong Marcos Facebook page</figcaption></figure></div>BEIJING — President Ferdinand Marcos Jr. on Thursday confirmed that he would be flying to Japan next month to meet Prime Minister Fumio Kishida.Discussions are expected to “center around economic security,” Marcos said during a press briefing on the sidelines of his state visit to China.“When I met Prime Minister Kishida in New York and he invited me to Japan, I immediately accepted,” he said, referring to his first face-to-face meeting with the Japanese leader during a United Nations event last year.“The tentative date would be the second week of February,” he said.Marcos said he expects to have a “continued discussion of what [they] started in New York which centers around economic security.”“The Japanese have many concerns in regional security and the Philippines is seen as an important part in maintaining that security,” he said.“When we generally talk about aids, grants… the subject of security also came up. The 2 things are interconnected as conceived by the Japanese Prime Minister,” he said.Marcos declined to give more details about possible talking points between him and Kishida, saying that the fine print has yet to be settled.“They were in private discussions so we have not formulated a complete position,” he said.Japan has been a key ally of the Philippines for decades, with the East Asian country consistently being among the top sources of aid for Manila. In 2019, grants from Tokyo to Manila were pegged at 303.1 billion yen while loans were at 3.11 trillion yen, according to data from Japan’s ministry of foreign affairs.Japan’s direct investments in the Philippines amounted to P24.5 billion in 2021 alone, data showed.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/09/22/22/japan-philippines-vow-to-beef-up-security-cooperation">Japan, Philippines vow to beef up security cooperation</a></li>	<li><a href="https://news.abs-cbn.com/business/01/05/23/marcos-gets-22-b-in-investment-pledges-from-china">Marcos gets $22 billion in &#x27;investment pledges&#x27; after China state visit</a></li></ul><div> </div>

President Ferdinand Marcos Jr. on Thursday confirmed that he would fly to Japan next month to meet Prime Minister Fumio Kishida.

Philippines, Japan to tackle economic security during Marcos' trip to Tokyo | ABS-CBN

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Philippines, Japan to tackle economic security during Marcos' trip to Tokyo

Philippines, Japan to tackle economic security during Marcos' trip to Tokyo

Katrina Domingo,

ABS-CBN News

Published Jan 06, 2023 05:00 PM PHT

Read More:

Bongbong Marcos

Japan Philippines

Bongbong Marcos

economic security

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