Duterte Admin Informs EU That the Philippines Will No Longer Accept Financial Aid

The administration of Pres. Rody Duterte informs the European Union (EU) that the Philippines will no longer accept development aid from the powerful bloc of nations in Europe. The Philippines decision is in response to the alleged pressure of EU to investigate the EJK in the country.

Pres. Duterte earlier dared the EU to pull out their assistance o the Philippines for allegedly interfering the decisions of the current government as they called for the release of Sen. De Lima and warning the Philippines not to impose the death penalty and lower the age of criminal liability.

The statement of the Philippines not to accept financial aid from the European Union might lose billions of dollars of aid to the country. The Duterte admin's decision not to accept aid from EU also came a few days after Pres. Duterte managed to secure billions of dollars of investments and pledges from China.

Thelma Gecolea, EU delegation to the Philippine Public Affairs Officer confirmed to the media that "The PH government has informedus that it will no longer accept new EU grants," she said.

Ambassador Franz Jessen on his part stated that the decision to cut aid from the EU, would mean the loss of about 250 million Euros ($278.73 million) worth of grants mostly allocated to Muslim communities.

The move of the Duterte admin comes days after Pres. Duterte won billions of dollars in pledges from China after attending the Belt and Road Summit in Beijing.

The Philippine government under the Dutere admin did not elaborate further why they will stop accepting grants from EU, but it comes a couple of months after the EU Parliament, adopted a resolution calling for the immediate release of Sen. De Lima and a probe into EJK in light of Pres. Duterte's war on drugs.

The EU trade commission also warned the Philippines that the country could lose its preferential status if measures reinstating the death penalty and lowering the age of criminal liability are passed.

For the past years, EU granted the Philippines 130 million euros in development assistance between 2007-2013. In 2015 during the admin of Pres. Aquino, it pleged 325 million euros over four years to finance projects in Muslim Mindanao after Manila signed a peace deal with rebels in March 2014.

Source/s: PIA / GMA News

Duterte Admin Informs EU That the Philippines Will No Longer Accept Financial Aid Duterte Admin Informs EU That the Philippines Will No Longer Accept Financial Aid Reviewed by Phil Newsome on 5/18/2017 Rating: 5

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