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Last Updated: Wednesday, 1 September, 2004, 05:07 GMT 06:07 UK
Arroyo set to woo China on trade
By Sarah Toms
BBC correspondent in Manila

President Gloria Arroyo
Arroyo wants to reinvigorate the Philippines' sluggish economy
Philippines President Gloria Arroyo has left for a three-day visit to China in her first foreign trip since she was re-elected in May.

President Arroyo's visit highlights the importance of economic ties with a booming China.

China, with its thriving economy and vast market, is increasingly important to the Philippines.

Last year, China was its sixth biggest trading partner and fastest growing market in many export sectors.

During her visit to Beijing, President Arroyo will meet her Chinese counterpart, Hu Jintao, Prime Minister Wen Jiabao and former President Jiang Zemin.

A broad range of issues, including security, trade and investment, is on the agenda.

Mrs Arroyo is expected to sign agreements on railway construction, energy exploration and fishing rights.

The Philippines may also urge China to allow joint use of a reef in the disputed Spratly Islands, which are also claimed in whole or in part by Vietnam, Taiwan, Brunei and Malaysia.

Last year, the Philippine and Chinese national oil companies signed a letter of intent about forming a panel to select areas in the South China Sea suitable for oil and gas exploration.

While there is not likely to be any resolution to the dispute over the Spratlys, the Philippine president will be working to strengthen trade and co-operation with China.


SEE ALSO:
Arroyo calls for national unity
30 Jun 04  |  Asia-Pacific
Reforms key to Arroyo's new term
24 Jun 04  |  Asia-Pacific
China boom leaves many behind
19 Jul 04  |  Asia-Pacific
Investment still pours into China
13 Jul 04  |  Business


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