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Evidence of the flourishing trade
between Chinese traders and Filipinos traces it's roots as early as
600 B.C.
By 1278-1368, natives of Sulu and Chinese enjoyed
direct commerce.
In 1405 Emperor Yung Lo sent a mission to the
Philippines, by 1419 the Filipino reciprocated by sending two
missions to China, headed by two Sulu sultans, Paduka &
Maharaja.
The derivation of diplomatic relations between the
Philippines and China is based on the underlying principles of the
One China Policy, signed through a joint communiqué between the
People's Republic of China & the Republic of the Philippines on
June 9, 1975.
| • For almost 30
years, several bilateral agreements were entered into by both
nations, such as: |
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• Scientific & Technological
Cooperation Agreement 1978
• Air Services & Cultural
Agreement 1979
• Investment Promotion & Protection
Agreement 1992
• Agreement on Agricultural Cooperation
1999
• Tax Agreement of 1999
• Mutual Judicial
Assistance on Criminal Matters 2000 |
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| • Major bilateral trade agreements entered by
both nations, under the Joint statement of May 2000 includes |
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the Framework on bilateral
cooperation progrms in the 21st century to wit: |
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• Memorandum of
Understanding on Infrastructure Cooperation programs
(2003-2004)
• Memorandum of Understanding on Fisheries
Cooperation programs (2004)
• Agreement on Joint Seismic
Undertaking under Energy Cooperation programs (2003-2005) |
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