The announcement was made during the 2+2 Ministerial Dialogue in Manila on July 30, 2024, attended by US Defense Secretary Lloyd Austin, Secretary of State Antony Blinken, Philippine Defense Secretary Gilberto Teodoro, and Foreign Affairs Secretary Enrique Manalo.
“This level of funding is unprecedented,” stated Secretary Austin. The substantial financial support, recently approved by the US Congress, is a testament to the Biden administration’s commitment to supporting the Philippines amid escalating tensions in the West Philippine Sea.
Secretary Blinken emphasized the strategic importance of this aid, stating, “To defend [the Philippine] sovereignty—this is what it’s all about.” He acknowledged the challenges posed to the Philippines’ sovereignty over the West Philippine Sea and reiterated the US’s intent to empower its allies to maintain the status quo.
The financing will also facilitate increased investments in Enhanced Defense Cooperation Agreement (EDCA) sites, further strengthening the defense infrastructure. Secretary Teodoro highlighted the prioritization of the security assistance sector roadmap, affirming that the investments would serve both defense and civil purposes, including humanitarian assistance and disaster relief.
Both Secretary Austin and Secretary Blinken assured that the US’s commitment to the Philippines would remain steadfast regardless of the upcoming US presidential elections, underscoring the bipartisan support for this initiative in the US Congress.
The Philippines currently hosts nine EDCA locations spread across Luzon, Visayas, and Mindanao, strategically positioned to bolster defense capabilities, particularly in areas facing the West Philippine Sea and Taiwan.