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ISIS is a non-profit, non-partisan institution providing public knowledge of nuclear proliferation and international security.
MANILA (Philippine Daily Inquirer/Asia News Network): The Philippines last year exported US$4.5 billion worth of goods that could be used by the military, shipped mostly to the United States, a huge jump from only $3.6 million in 2020, when the Department of Trade and Industry (DTI) started authorising these exports under a 2015 law.
THE Philippines sold more strategic goods—or products deemed to have military importance—last year to foreign markets, most of which were shipped to the United States. In a news statement on Monday, the Department of Trade and Industry (DTI) reported that revenues from strategic goods exports rose significantly to $4.5 billion…
Exports of strategic goods hit $.4.5 billion last year, reflecting increased confidence in the country as a location for the manufacture of such items, the Department of Trade and Industry said.