The Philippines on Friday signed an agreement with Japan for the acquisition of five 97-meter patrol ships that would strengthen the country's capability to guard its territory at a time of increased hostilities with China in the West Philippine Sea .Provision of the vessels will be facilitated under a JPY64.38-billion Official Development Assistance loan arrangement by Japan to the Philippines for the Maritime Safety Capability Improvement Project Phase III of the Philippine Coast Guard .
A vital trading and shipping lane, the South China Sea, dotted with rocks, shoals and reefs where rich oil and mineral deposits were found, are claimed in part or in whole by the Philippines, China, Vietnam, Malaysia, Brunei, and Taiwan. The Philippines largely won a landmark case against China’s massive claim in the South China Sea before an arbitration tribunal in The Hague, Netherlands, but Beijing does not recognize the ruling.
Source: News Formal (newsformal.com)
PH-Japan Ties West Philippine Sea
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