MALACANANG yesterday said President Rodrigo Duterte returned home safely to Manila and hailed the chief executive’s successful meeting with Japanese Prime Minister Shinzo Abe and the P288-billion worth of trade deals signed.
The Palace said the visit put “the Philippines’ strategic partnership with Japan on an even stronger footing.”
“President Duterte and Prime Minister Abe agreed to enhance bilateral cooperation in infrastructure development, trade and investments, agriculture, labor, defense, maritime security and maritime domain awareness, people-to-people exchanges, and the pursuit of just and lasting peace and progress in Mindanao,” the Palace said in a statement sent to media.
A total of P288.804 billion (more than US$5 billion) worth of business deals were signed during a forum organized by the Department of Trade and Industry and Japanese and Filipino executives and attended by Duterte.
These deals “are expected to generate 82,737 jobs,” the Palace said.
Duterte was in Japan for four days from Tuesday to Friday for a working visit which also included his participation in the 25th Nikkei International Conference on The Future of Asia. Sixteen Cabinet officials accompanied him and his delegation numbered some 200.
The President thanked Japan for its support for the “Build Build Build” infrastructure project of the administration.
Japan committed to make available around 25 billion yen for Mindanao’s development covering its road network, vocational training facilities and equipment, water supply development in the Bangsamoro, and livelihood projects among others.