Business groups condemn ‘harassment’ of PH troops after clash with China

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 34 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 86%

West Philippine Sea News

Although tensions in the West Philippine Sea have yet to have direct effects on the economy, it seems businesses are growing concerned about the repercussions of a strained relationship with the Philippines' biggest trading partner

This is AI generated summarization, which may have errors. For context, always refer to the full article.

“We deplore the continued harassment of the AFP , PCG , and most of all, our people who are just trying to earn their livelihood,” the 17 business groups said in a joint statement on Friday, June 21, after another confrontation between the Philippines and China in Ayungin. “We appeal for unity towards a nonviolent resolution that respects our rights as a peace-loving nation,” the statement read.

Meanwhile, China was by far the largest supplier of imported goods to the Philippines, accounting for more than 23% of the country’s total imports in 2023. Indonesia, the Philippines’ second biggest import trading partner, only accounts for 9.1% of imports.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines