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PHILIPPINE STATISTICS AUTHORITY
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Saturday, March 2, 2019
Vol. 14 No. 143
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SOMOS O NO SOMOS? Evolving special ties between PHL, US in focus as Pompeo meets Locsin
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By Bernadette D. Nicolas
@BNicolasBM
ISITING United States Secretary of State Michael R. Pompeo assured Manila on Friday that the terms of the PHLUS Mutual Defense Treaty (MDT) insofar as the obligations to defend the Philippines from aggression are clear, prompting the Philippine government to scale down an earlier push for a review of the 1951 treaty.
“Our commitments under the treaty are clear. Our obligations are real and the South China Sea is certainly part of an important body of
water for freedom of navigation. I think the whole world understands that the Trump administration has made a true commitment to mak-
ing sure that these remain open for security of the countries in the region and for the world, open for commercial transit as well,” Pompeo said in a joint press briefing shortly after meeting Foreign Affairs Secretary Teodoro L. Locsin Jr. at the Department of Foreign Affairs on Friday. Moreover, Pompeo noted that “any attack on Philippine forces, aircraft, or public vessels in the South China Sea would trigger mutual defense obligations under Article IV of our Mutual Defense Treaty.” He added, “We remain committed to supporting the Philippines in their efforts and we certainly need it to do its part as well but so all the countries in the region so these vital economic sea lanes are open and China does not close the threat for shutting this down.” For his part, Locsin said there is no need to review the 1951 treaty as he is “very confident” that the
United States will back the Philippines in case of a confrontation with outside forces in the West Philippine Sea. “…In vagueness lies the best deterrence and what is there and how do you flesh out that vagueness. In repeated assurance by the United States that in the event an act of aggression is committed against the Philippines, I don’t believe going down into the details is the way the sincerity of the American commitment will be shown,” he said during the joint news conference with Pompeo on Thursday. Referring to the US, Locsin continued, “They will respond depending on the circumstances but we are very assured, we are very confident that United States has in the words of Secretary Pompeo and in the words of [US] President Trump to our President [Duterte], ‘we have your back’.” Continued on A2
(TOP) U.S. Secretary of State Mike Pompeo boards his plane at Colonel Jesus Villamor Air Base in Manila on Friday. (Above) Foreign Affairs Secretary Teodoro L. Locsin Jr. shakes hands with Pompeo after a joint press briefing at the Department of Foreign Affairs. AP/NONIE REYES
From bounty payments to espionage, US alleges Chinese IP theft
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By Todd Shields | Bloomberg
But this bounty program at Huawei Technologies Co. used encrypted email and it paid workers for secrets stolen from other companies, US prosecutors alleged last month. Their indictment accuses the company of stealing technology from T-Mobile US Inc., a case that gets under way Thursday with a hearing in federal court in Seattle. American companies for decades have complained about Chinese firms stealing intellectual property—or IP—by theft or by demanding its disclosure in order to do business in the country. US President Donald Trump has made
protection of IP a focus of trade talks now underway. “The US has made substantial progress in our trade talks with China on important structural issues including intellectual property protection,” Trump said in a tweet on February 24 as he announced the delay of higher tariffs for an unspecified period. The Chinese government dismisses the complaints. But the US economy loses at least $225 billion annually from counterfeit goods, pirated software, and theft of trade secrets, according to a 2017 report by the Commission on the Theft of American Intellectual
PESO EXCHANGE RATES n US 51.7690
SANGOIRI | DREAMSTIME.COM
T bore hallmarks of a normal incentive program: Employees nominated outstanding work and managers doled out bonuses.
Property, or IP Commission. The IP Commission called China “the world’s principal IP infringer” that is “deeply committed to industrial policies that include maximizing the acquisition of foreign technology and information.” US Trade Representative Robert Lighthizer told Congress on Wednesday that the US is seeking commitments against cyber-theft and physical theft in the ongoing talks. “I agree with those who see our large and growing trade deficit and their unfair trade practices, including technology transfer issues, failure to protect intellectual property, large subsidies, cyber-theft of commercial secrets and other problems, as major threats to our economy,” Lighthizer said. Chinese President Xi Jinping and former US President Barack Obama in 2015 reached an agreement to stop the theft of corporate secrets. But the US in November 2018 accused China of continuing a See “IP Theft,” A2
n JAPAN 0.4645 n UK 68.6612 n HK 6.5950 n CHINA 7.7342 n SINGAPORE 38.2907 n AUSTRALIA 36.7198 n EU 58.8924 n SAUDI ARABIA 13.8051
Source: BSP (March 1, 2019 )