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Philippines could be lose Billions of Dollars over Duterte’s replacement in foreign policy

Balita Ngayon: The Philippines is now at risk for losing billions of dollars in the foreign assistance should be the government push through the latest foreign policy move, Secretary of Foreign Affairs Albert del Rosario said last Wednesday.

Secretary of Foreign Affairs Albert del Rosario

The Philippines is now at risk for losing billions of dollars in the foreign assistance should be the government push through the latest foreign policy move, Secretary of Foreign Affairs Albert del Rosario said last Wednesday.

“Im thinking that the foreign relations, foreign affiars plans may have been driven off track a bit and perhaps we can also persuade this government to revisit off track directions that is dividing the so called new foreign policy,” Albert del Rosario said in a forum in Makati City.

President Duterte said that his administration will continue an independent foreign policy.

Duterte also on Monday hinted that he is about to go past the point of no return when it comes on relationship with the U.S, and the he also sought help from Rusia about the matter.

“I’ve been asked by some members of the foreign diplomatic community about this particular question: Why the Philippines distancing itself from one treaty ally who worked specifically in promoting the rule of law which to advantage of the Philippines? Why the Philippines suddenly embracing the country, that is been blatanly violating the rule of law it is disadvantage?.” Albert Del Rosario said.

“I think it is been demonstrated that we cant do this in our own. We need some friends in this village we belong to,” Albert Del Rosario added.

The foreign policy replacement push through, Albert Del Rosario said the gains in previous years could be erased.

“In the past 3 years alone, we had development assistance that we are able to raise to over $4 billion. We will lose that,” Albert said.

The Philippines is also at risk in losing one of the biggest gains during the past administration of PNOY

The trust in our country is been returned in profound amount. Lets not lost it,” Del Rosario added.

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