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Philippines to Buy 5 Japanese-Made Coast Guard Ships in $400 Million Deal

The Philippines has agreed to buy five coast guard patrol ships from Japan in a deal worth more than 400 million USD, Manila said on May 17, 2024, as the Southeast Asian country faces growing Chinese pressure in the South China Sea. Ted ALJIBE / AFP

The Philippines has agreed to buy five coast guard patrol ships from Japan in a deal worth more than $400 million, Manila said Friday, as the Southeast Asian country faces growing Chinese pressure in the South China Sea.

Japan will loan the Philippines 64.38 billion yen ($413 million) to buy the five 97-meter Multi-Role Response Vessels and pay for the “development of the required support facilities,” the foreign ministry said in a statement.

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