Look: Japan Prime Minister Pledges $8.7 billion Worth Of Business Opportunitiess In PH

Japan Prime Minister ends Philippine visit with investment.

Japan Prime Minister Shinzo Abe’s turn to visit the Philippines and meet President Rodrigo Duterte, as a part of his week-long nation tour.

Japan prime minister Shinzo Abe has pledged an $8.7 billion worth of aid package to the Philippines over the next five years.

In a viral video that was now circulating on the social media, Japan Prime Minister ends his Philippine visit with investments.

The video showed that Abe and Duterte witnessed the signing of a number of agreements and the exchange of documents, including a Japanese grant of 600 million yen ($5 million) for boats and other counterterrorism equipment for the Philippine coast guard.

Look: Japan Prime Minister Ends Philippines Visit With Investments
Japan Prime Minister Ends Philippines Visit With Investments

The Japanese Prime Minister Shinzo Abe was now in Australia after a visit to the Philippines.

Before he leaves the country, Japan Prime Minister was reportedly pledged $8.7 billion worth of business opportunities and private investments along with equipment to fight terrorism.

The aid package includes the public investments and government aid such as infrastructure development.

This help will aid the Philippines equipment, especially for our coast guards.

Furthermore, the Prime Minister said that he supported the Philippine President in his war on Illegal drugs.

In fact, he said that he will help “formulate treatment programs and improve facilities,” in relation to Duterte’s drug war in the country.

Japan will create business opportunities through Official Development Assistance and private sector investments which, together, will be in the order of $8.7 billion over the next five years,” Japan Prime minister said.

Japan Prime Minister is in the Philippines as a part of his week-long nation tour. He s also set to visit Australia, Indonesia, and Vietnam. Accompanied by a business delegation, Abe was the first head of state to visit since Duterte took office in June.

According to the report of Yahoo.com, Japanese Prime Minister Shinzo Abe was in Australia to talks with the nation’s leader about the regional security issues amid China’s growing military might in Asia.

Watch the Video here:

https://youtu.be/WuAwLgSXlF4

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