January 26, 2018

NEW DELHI -- Top Indian conglomerates pledged about $1.25 billion worth of investments even as the Philippines considered acquiring weapons and warships from India.

The conglomerates made the pledge on the sidelines of President Duterte’s attendance at a regional summit with Indian and Association of Southeast Asian Nations (Asean) leaders.

Upon arriving here on Wednesday for the India-Asean Commemorative Summit, the Philippine leader sat down with Indian Prime Minister Narendra Modi for an hour to discuss economic and political ties between their countries as well as the possibility of a military cooperation.

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http://globalnation.inquirer.net/163680/duterte-eyes-india-arms-gets-1-2b-investment-pledges