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Reuters
Reuters
Politics

U.S. grants Philippines $100 million in foreign military financing

U.S. Navy F-18 fighter jets are parked on the deck of aircraft carrier USS Ronald Reagan (CVN 76) during a goodwill visit in Manila, Philippines, October 14, 2022. REUTERS/Eloisa Lopez

The United States has made available $100 million in foreign military financing to the Philippines, its ambassador in Manila said on Friday, part of efforts to boost the Southeast Asian country's defence capabilities and military modernisation.

The new military financing underscores improved defence ties between the treaty allies under President Ferdinand Marcos Jr, whose predecessor, Rodrigo Duterte, shifted his country's foreign policy away from the United States to pursue warmer ties with China.

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