Monday, June 13, 2011

Recto urges intensified trade and investments with Phl-China

SENATE OFFICE, Manila, June 14, 2011-In the midst of the controversies between China and the Philippines, Senator Ralph G. Recto yesterday said that the country’s trade with China is bigger than the United States (US) that boycotting everything “Made In China” is foolish and ill-advised, saying that the country should do the reverse by engaging in China through intensified trade and investments instead of boycotting their products.

Recto reacted on the statement of Albay Governor Joey Salceda who is a staunched advocate to boycott the China-made products in retaliation to China’s bullying in the disputed Spratly’s and in Western Palawan, adding that the retaliation through trade against China’s repeated intrusions in Spratly Islands and the West Palawan Sea has become the only viable alternative to ordinary Filpinos since military provocation was not an option.

“China is our biggest trading neighbor,” Recto said, explaining that the right response is to increase our trade and investments with China and wait for the proper time to find the right growth formula to settle the issue in Spratly Island.

“If the country would be able to close its $900-million trade deficit with China, it would be scoring a “big economic victory" more meaningful than trying to sink one of their vessels,” Recto said, adding that the country imported $7 billion worth of goods from China in 2010 while shipping a little over $6 billion goods to China.

“The country should act accordingly and should not boycott as China is part of the emerging economies and touted by respected global bodies to be in the Top 25 countries with strong economies by 2025,” Recto said, advising the government that we should engage in China diplomatically and business trade sound relations should be maintained.

Recto furthered that the country should start modernizing its armed services not to engage China or any country laying claim to Spratly militarily, but to protect its fishermen, ships and cargoes and territorial waters, explaining that there is a need to build the AFP not for arms race but to protect our coral reefs and fishermen.

“You need to do it. You have to start somewhere,” Recto stressed, saying that to protect the country’s territorial sovereignty gains importance more than ever now that the disputed Reed Bank in Western Palawan has been renamed as “Recto Bank” in honor of his grandfather, nationalist Claro M. Recto.

“The AFP led by the Philippine Navy should start buying modern equipment and fleet. We should start buying some of these equipment and I don’t care if we buy them from China,” Recto added. (Jason de Asis)

16 comments:

Anonymous said...

Recto is right in his point of view. All Filipinos are affected in case that the war erupted between the two countries. Mas magandang mag-usap na lang ng mahinahon for the sake of everybody.

Anonymous said...

China keep out of Spratly Island!!!!!!!!!!!!!!

Anonymous said...

SPRATLY ISLAND is within our 200km ECONOMIC ZONE from Bataan... sa pag kakatanda ko base na rin sa sinabi ng prof ko, 2009 nag request na ang UN na magsubmit si Gloria ng letter sa UN para nga iclaim na natin ang SPRATLY ISLAND MAY 2010 ng deadline.. pero ano? hindi nagsumiti si Gloria... atin ang SPRATLY ISLANDS.. IPAGLABAN NATIN!!!!

Anonymous said...

Ang gusto ni Pnoy-Abnoy, open arms and open legs ang Pilipinas sa Chinese imports.

Anonymous said...

Mas mainam kung ang ibibili ninyo ng armas ay idagdag na lang sa pondo sa sarbisyong panlipunan sa bansa mas may katuturan pa!Wag kayong magalala hindi lamang china ang nagkakainteres sa Spratly pati ang sinasamba ninyong U.S. may interes diyan!

Anonymous said...

Hmmm Isyu ng Spratly: Desisyon ni Guang Lie na daanin na lang sa larong CHINESE GARTER at pitik-bulag na ang hinahamon ay si Pnoy Abnoy ... pag nanalo si Pnoy ..kusangloob na raw na lilisanin ng China ang Spratly island. Bwa ha ha ha ha.

Anonymous said...

History tells our ownership over SABAH and the Spratly. Why can't the government do anything about this?

Anonymous said...

Pinatay ng smuggled Chinese goods ang lokal nating negosyo at opportunidad na makagtrabaho ang mga manggagawang Pilipino. Sinisira ng mga Chinese Chemist ang kinabukasan ng marami nating kabataan, dahil sa illegal na Droga. Kinukurap ng mga Chinese Illegal Alien ating mga BI Officials para sila'y manatili sa ating bayan, at bukod sa inaagawan nila tayo ng trabaho, maaring may iba pa silang masamang balak kagaya ng naging karanasan natin sa mga hapon bago ang digmaan. Ginahasa ng mag-asawang Chinese ang ating corral reef, ang lawak ay doble kaysa land area ng Maynila, sa gawing Mindanao. Pinahiya tayo ng China sa buong mundo. Matapos nila tayong i-bully ng ilang beses sa Spratlys, sinabon pa tayo. Bumandera sa buong mundo ang headline: CHINA SCOLD PHILIPPINES. HINDI BA TAYO KIKIBO? Kung ayaw ng ibang I-BOYCOTT MGA CHINESE GOODS, TANGKILIKIN NA LANG NILA ANG GAWANG PINOY!

Anonymous said...

HWAG NA KAYONG BIBILI NG MADE IN CHINA.

Anonymous said...

humingi kayo ng tulong sa UNITED NATION . gusto ko maalis ang china sa pagka myembro sa UNITED NATION. hindi sila karapat dapat maging myembro pati na sa NATO. walanghya silang bansa tulad ng NORTH KOREA.

Anonymous said...

Bad news for China and its silent supporters inside the Philippines (protect us o Lord from our friends because we already know who are our enemies). Although the US have stated not to take side in the disputed territories - living its resolution within the bounds of international law - it is quite clear it will not stand idly by if "the use or threat of force" is resorted to by any of the contending states in the disputed Spratlys.

Anonymous said...

Wake up Philippines!!!

Anonymous said...

AR-RE AK-KAW Hah!!!

Anonymous said...

Overheard from a conversation in a restaurant:

No.1 - what do you know about Chinese?

No.2 - well, all I know is that they eat anything that swims underwater except submarines, anything that has legs except tables, anything that flies except airplanes, and now they want to eat the Sprattley Islands.

Anonymous said...

China should abide the united nation law of the sea!!!!!!!!!

Anonymous said...

Diplomatic Issue: payag ba kayo sa joint venture between PHILLIPINES & china government for oil exploration sa spratly island to settle everything for the sake of the people of the Philippines?Anu sa tingin ninyo?

Disclaimer

Disclaimer: The comments uploaded on this blog do not necessarily represent or reflect the views of management and owner of "THE CATHOLIC MEDIA NETWORK NEWS ONLINE".

Should the Philippine government legalize same-sex marriage?