Enhancing US-Philippines Partnership: Security, Critical Minerals, and Infrastructure Investment
This Act aims to deepen cooperation between the United States and the Philippines in security, economy, and infrastructure development. US citizens may feel an indirect impact through strengthened critical mineral supply chains and increased geopolitical stability in Southeast Asia. A key focus is increasing financial and technological support for the Philippines to counter China's influence in the South China Sea.
Key points
Negotiation of Critical Minerals Agreement: The US seeks an agreement with the Philippines to secure stable supplies of key minerals, promote better labor practices, and eliminate export duties.
Prioritized Financial Support: The US International Development Finance Corporation (DFC) must prioritize supporting projects in the Philippines related to critical mineral mining and fossil fuels.
Strengthening Security and Defense: Establishment of the US-Philippines Security Consultative Committee to jointly develop strategies for defense, cybersecurity, and counter-terrorism.
Infrastructure Development Plan: Development of an investment plan for infrastructure in the Philippines to facilitate military transport and disaster recovery operations during emergencies.
Expired
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