The US-Philippines agreement is taking advantage of the opportune moment.

The agreement was signed by both sides on the sidelines of the Asia-Pacific Economic Forum summit held in San Francisco, USA. The main content of the agreement is that Washington will transfer nuclear technology and provide nuclear materials to Manila for civilian use.

Philippine President Ferdinand Marcos Jr.

The economic and commercial benefits for the Philippines from this are not only enormous, but also of significant strategic importance in the short and long term. Around the world , there are places that do not use nuclear energy due to policies prohibiting its use or because they lack the practical conditions to acquire and utilize nuclear power. Nuclear energy will help the Philippines ensure more sustainable and efficient energy security.

At the same time, the political and security implications for the world and the region, both in the short and long term, are crucial for Manila, and similarly for Washington. These two countries are traditional strategic military allies. The nuclear issue is always a sensitive topic globally, especially in the Indo-Pacific region.

The "123 Agreement" reflects the very high level of engagement and trust between the two countries and will make a very practical contribution to strengthening bilateral relations, especially in the political, military, and security spheres.

In fact, the agreement was the result of both sides taking advantage of the circumstances and seizing opportunities. Without the presidential changes in both countries and the recent tensions in Asia, the two sides would likely not have rushed to sign this agreement.

Philippines and China escalate war of words after clash in the South China Sea.

Source link: https://thanhnien.vn/thoa-thuan-my-philippines-duoc-thoi-loi-dip-185231119220140312.htm