Philippines mulls US$500 million arms buy from China
Defence Secretary explores buying hardware from state-owned Poly Technologies
The Philippine government may buy up to US$500 million worth of weapons and other defence assets from one of China’s largest arms dealers, as Manila looks to ease tensions with Beijing.
Philippine Defence Secretary Delfin Lorenzana said the purchase from Poly Technologies was part of the agenda of President Rodrigo Duterte in Beijing, where he was attending the “Belt and Road Initiative” summit.
“[China’s arms manufacturers] have equipment that is to Nato specifications, which is what we are using, so that’s OK,” Lorenzana saidahead of the summit.
The Philippines’ letter of intent for the arms purchase is non-binding, and Lorenzana said his country had not decided what type of hardware it was shopping for. He said the next step was to send a military team to Beijing.
Poly Technologies is a subsidiary of China Poly Group – a central government-administered enterprise originally founded by the People’s Liberation Army.