What’s Canada Buying? November 12, 2012
- Canada Inks Defence Procurement Deal with Philippines “Prime Minister Stephen Harper today announced a Memorandum of Understanding (MOU) between Canada and the Philippines that will create new opportunities for Canadian businesses in the defence and security sector. The Prime Minister made the announcement during an official visit to the country …. The MOU between the Canadian Commercial Corporation (CCC) and the Filipino Department of National Defence (DND) will enable the Philippines to acquire Canadian defence- and security-related equipment, systems and services on a direct, sole-source basis through the CCC. The MOU is effective immediately ….” – more from the Filipino media here, here, here and here.
- And What’s China Gonna Say About the Deal? “The government hopes the recent deal signed with Canada to help the Philippines buy military equipment to defend its territory will not raise further tensions with China, the Palace said on Sunday, November 11. “This is part of our efforts to attain a minimum credible defense position. So we’re hoping that it will not be any differently received by any other parties,” Deputy Presidential Spokesperson Abigail Valte noted in a press briefing. Valte explained that the pact is a regular transaction for the “procurement of defense and military-related equipment” to address the fundamental issue that the Armed Forces of the Philippines needs to upgrade its equipment. President Benigno Aquino III witnessed the signing of the agreement on Saturday during the official visit of Canadian Prime Minister Stephen Harper. The Philippines has been in the market for patrol vessels to protect its waters, including areas that overlap with territory claimed by China ….”
Written by milnews.ca
12 November 12 at 13:00
Posted in What's Canada Buying?