Officials of both countries, Aquino said, have been impressed with the way the government is now being run.
He said British Prime Minister David Cameron and Prince Andrew have noticed the reforms his administration has initiated, including the ongoing peace talks with rebels as well as the impressive 6.4 gross domestic product growth for the first quarter of 2012.
It was the same thing with US President Obama who vowed to help the Armed Forces of the Philippines improve its capability in ensuring an unimpeded passage along the West Philippine Sea, which is being claimed by China.
“US President Barack Obama himself stressed the importance of having the Philippines as an ally in ensuring the freedom of navigation in the West Philippine Sea,” Aquino said in Filipino upon his arrival at the Ninoy Aquino International Airport yesterday.
The multi-billion-dollar investments were pledges of businessmen from both UK and US, he said.
Half of the total investment pledges came from Rolls-Royce, Asea Gaz Asia Ltd. and commodities trading giant Glencore, owner of the Philippine Associated Smelting and Refining Corp. (PASAR), all of which are based in the UK.
Source : Philstar.com
