Defense Secretary Delfin Lorenzana doesn’t see any downside with buying military equipment from a state-owned Chinese arms producer even when the nation is embroiled in a maritime dispute with Beijing.
“I think we should separate our dispute from the South China Sea from our relationship with the Chinese,” Lorenzana mentioned at a press convention in China Sunday (May 14) when requested a few attainable battle relating to the procurement of military equipment from Poly Technologies Incorporated.
The Defense chief mentioned officers from the Philippines and Poly Technologies will signal on Monday (May 15) a doc of intent signifying the nation’s plan to cope with them.
President Rodrigo Duterte and different high-ranking officers are presently in Beijing to attend the Belt and Road Forum on International Cooperation.
Lorenzana mentioned the corporate has provided a “wide array of defense equipment” for the federal government to buy.
However, he mentioned it will be up to the Air Force, Army and Navy to decide what sort of equipment they want.
While a contract has but to be sealed with Poly Technologies, Lorenzana mentioned the Chinese authorities has provided a $500-million mortgage for the acquisition of protection equipment.
“We are not saying that we will buy from them or we will not buy from them but if we need anything from the Chinese defense industry then we’re going to procure using the loan that they are going to offer to us,” he mentioned.
Following the signing of a letter of intent, Lorenzana mentioned the corporate will ship a technical working group to the Philippines to test on what belongings the military may want.