The development program is an economic cooperation plan aimed at increasing trade and investment between the Philippines and China, the Palace said. Duterte and Wang met in Panacan, Davao City, two days before the President embarks on official visits to Myanmar and Thailand. Abella said Duterte and Wang reaffirmed the need for a peaceful settlement of the maritime dispute. “Wang noted the need to focus on common interests that bring more benefits than differences,” he added. Aside from economic and maritime concerns, Duterte “raised concerns on piracy and terrorism as these affect stability, security and commerce in the region.”

Source: Manila Times March 17, 2017 16:25 UTC