In a significant move to bolster its defense capabilities, Philippine President Ferdinand Marcos Jr. signed the Self-Reliant Defence Posture Revitalisation Act on October 8, 2024. This new law aims to attract foreign arms manufacturers to establish operations in the Philippines, offering tax incentives for the local assembly of defense equipment. This initiative is a direct response to escalating tensions with China in the South China Sea, where military activities have intensified [48c0f3f5].
The Philippines is also engaging in joint naval exercises named 'Sama Sama,' which involve nearly 1,000 personnel from the US, Australia, Canada, France, Japan, and the Philippines. These exercises focus on anti-submarine, surface, and air warfare, reflecting a commitment to enhancing interoperability among allied forces. US Navy Rear Admiral Todd Cimicata emphasized that the exercises are not aimed at any specific country but are intended to improve collaborative military efforts [48c0f3f5].
In addition to these developments, South Korea and the Philippines are exploring a strategic defense partnership, with discussions surrounding a Visiting Forces Agreement (VFA). South Korean Ambassador Lee Sang-hwa confirmed these discussions during a security forum on September 25, 2024, although the embassy later clarified that no formal progress has been made yet. Analysts suggest that the Philippines views South Korea as a crucial ally in its defense modernization efforts, particularly in light of the ongoing threats posed by North Korea and China's assertiveness in the region [39814d6b].
Dindo Manhit, a policy analyst, has urged the Philippine government to ratify the free trade agreement signed in Jakarta last year, which the Philippine Senate successfully ratified on the same day as the security forum. This agreement is seen as a vital component of the Philippines' broader strategy to strengthen its military alliances and enhance its defense capabilities [39814d6b].
As the Philippines continues to navigate its defense strategy amid rising geopolitical tensions, the combination of attracting foreign arms manufacturers and enhancing military cooperation with allies like South Korea and the US reflects a comprehensive approach to ensuring national security in a rapidly changing regional landscape [48c0f3f5].