Philippine President Ferdinand Marcos Jr. emphasized the significance of a trilateral cooperation agreement involving the Philippines, the United States, and Japan, stating that it will have a transformative impact on the dynamic of the South China Sea and the wider region. Speaking at a press conference in Washington following the first trilateral summit between the nations’ leaders, Marcos underscored the importance of the agreement in addressing concerns related to China’s activities in the South China Sea.
According to Marcos, the trilateral agreement represents a pivotal development that will reshape the geopolitical landscape in ASEAN (Association of Southeast Asian Nations) and Asia, particularly in the context of maritime disputes in the South China Sea. This agreement is seen as a strategic move to counterbalance China’s growing assertiveness in the region, particularly its expansive territorial claims and militarization efforts in the South China Sea.
Despite expressing serious concerns about China’s behavior in the region, Marcos reiterated that the summit was not directed against any specific country but rather aimed at strengthening economic and security ties among Manila, Washington, and Tokyo. The focus of the discussions was on fostering cooperation and collaboration in various areas, including trade, investment, defense, and maritime security.
The leaders’ discussions during the summit emphasized the importance of upholding international law, including the United Nations Convention on the Law of the Sea (UNCLOS), and respecting the rights of all nations in the South China Sea. They expressed solidarity in opposing any unilateral attempts to change the status quo or assert maritime dominance in the region.
Notably, the leaders raised concerns about China’s assertive actions in the South China Sea, where it claims nearly the entire territory despite a ruling by the Permanent Court of Arbitration rejecting its claims. They emphasized the need for dialogue, diplomacy, and multilateral cooperation to peacefully resolve disputes and maintain stability in the region.
Recent tensions between Philippine and Chinese vessels in the South China Sea have further exacerbated the situation, leading to diplomatic exchanges between the two countries. However, Marcos emphasized that the trilateral cooperation aims to enhance regional stability and prosperity rather than escalate tensions with any specific nation.
In addition to addressing security concerns, the trilateral agreement also aims to promote economic development and infrastructure projects in the Philippines and the wider region. President Biden’s administration has demonstrated its commitment to supporting the Philippines, as evidenced by a proposed increase in infrastructure funding for Philippine bases. This support is crucial for enhancing the Philippines’ defense capabilities and strengthening its partnership with the United States and Japan.
During his visit to Washington, Marcos met with U.S. Defense Secretary Lloyd Austin, who reaffirmed America’s commitment to the region’s security and prosperity. Austin emphasized the critical importance of cooperation among the three nations in ensuring collective security and continued economic growth.
Marcos expressed optimism about the potential investment opportunities arising from the summit, estimating around $100 billion in investment deals over the next five to ten years. The trilateral cooperation agreement, along with continued support from the United States and Japan, is expected to contribute significantly to the Philippines’ development and security objectives in the region.