China and Philippines sign oil and gas exploration deal as Xi Jinping meets Rodrigo Duterte
2018-11-21 09:40:51 source:South China Morning Post
November 20, 2018
Beijing and Manila have agreed to a joint oil and gas exploration deal – one of 29 deals that were signed on Tuesday as Chinese President Xi Jinping began a two-day state visit to the Philippines.
The two nations also signed a memorandum of understanding to cooperate on Beijing’s vast trade and infrastructure strategy, the “Belt and Road Initiative”, and agreed to boost ties.
After meeting Philippine President Rodrigo Duterte for talks, Xi described the visit as a “milestone” in the countries’ relations. Xi is the first Chinese leader to visit Manila in 13 years.
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