President Rodrigo Roa Duterte and members of his delegation engaged in an expanded bilateral assembly with People’s Republic of China President Xi Jinping and different Chinese authorities officers on the Great Hall of the People in Beijing on May 15, 2017.
The assembly got here on the heels of the profitable Belt and Road Forum for International Cooperation hosted by China.
The President, in his opening remarks previous to the beginning of the bilateral assembly, thanked the Chinese President for the invitation to return to China. President Duterte then expressed his intent to proceed in strengthening the bilateral relations between the 2 nations.
Following the profitable bilateral assembly, President Duterte and President Xi witnessed the signing of assorted agreements between the members of their respective administrations.
Finance Secretary Carlos Dominguez III and People’s Republic of China Minister of Commerce Zhong Shan signed the settlement on Economic and Technical Cooperation between the 2 nations. The settlement will function the premise for the grant to be supplied by China to the Philippines, to implement the grant of RMB 500,000,000 (P3.5 billion) to conduct feasibility research for main initiatives, development of the drug abuse remedy and rehabilitation centre and bridges crossing the Pasig River, and different initiatives agreed by each side.
National Economic and Development Authority and Socioeconomic Planning Secretary Ernesto Pernia and People’s Republic of China Minister of Commerce Zhong Shan, in the meantime, signed the memorandum of understanding (MOU) on Cooperation in Human Resource Development.
Energy Secretary Alfonso Cusi and National Energy Administration of the People’s Republic of China Director Nur Bekri, on the opposite hand, signed the MOU on Energy Cooperation.