New market study, "Philippines Defence & Security Report Q3 2014", has been published

The highlight of US President Barack Obama's recent trip to East Asia was without doubt the Philippines leg of his tour. The announcement of a defence agreement between the United States and the Philippines left the world in no doubt that President Obama's Pivot to Asia (P2A) policy was alive and kicking. The so-called Enhanced Defence Cooperation Agreement (ECDA) will see the US moving its ships and planes to the Philippines more frequently, engaging in more training exercises with the Filipino military and renewed US access to Filipino military bases.

The ECDA comes at a time when the Philippines relations with China re rapidly deteriorating. Following the fallout over Bejing's declaration of an Air Defence Identification Zone (ADIZ) during the previous quarter, in Q214 a number of direct confrontations between the Philippines and China have escalated tensions. During May the Philippines Navy apprehended a Chinese fishing vessel reportedly carrying a large number of endangered species near the Half Moon shoal, a sandbar in the disputed Spratly islands in the South China Sea. The Chinese Foreign Ministry called upon the Philippines to release the apprehended fisherman and refrain from further provocative actions.

Full Report Details at
- http://www.fastmr.com/prod/841295_philippines_defence_security_report_q3_2014.aspx?afid=301

The Philippines is increasingly responding to Chinese aggression in the South China Sea with its own brand of assertive behaviour. As well as apprehending Chinese fishing vessels which stray into disputed waters, the Philippines has also recently released a defence plan for the South China Sea, which the Philippines has begun referring to as the 'West Philippine Sea', to protect the Philippines 'national interest'. The country has also held joint military exercises with the United States and sent a supply ship to the Ren'ai Reef in the disputed Spratly Islands.

With the US recommitting itself to the security and protection of the Philippines, it will be interesting to see whether Manila's assertiveness will continue in the face of Chinese...

The Philippines Defence & Security Report features Business Monitor International (BMI)'s independent forecasts for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers and the regulatory environment.

BMI's Philippines Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Philippine defence and security industry.

Key Benefits

* Benchmark BMI's independent defence and security industry forecasts on Philippines to test other views - a key input for successful budgetary and strategic business planning in the Philippine defence and security market.

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