CNBC reports:
Japan and Philippines’ defense pact signed on Monday seeks to counter China’s increasing aggression in the region and create deterrence that goes beyond reliance on the U.S., experts told CNBC.
The “Reciprocal Access Agreement,” which comes against the backdrop of tensions between the Philippines and China over the Second Thomas Shoal in the South China Sea, allows exchange of armed forces for training and joint military exercises between Tokyo and …
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