Korean Pohang-Class Anti-Submarine Warship “Chungju PCC-762” Offered to Philippine Navy for $100 USD
88 Meters Korean Anti-Submarine Warship Cheaper than a Smart Phone: Philippines to buy three for ₱5,000 Pesos Each a real deal?
Korean Pohang-Class Anti-Submarine “Chungju PCC-762” which launched on 30th June 1984, commissioned on 1987 and was decommissioned on 27th December 2016 after 29 years of service in protecting Korean waters has been offered to the Philippine Navy by the Korean Government.
South Korea will transfer an ageing Pohang-class anti-submarine warship to the Philippines this year in return for just $US100 (₱ 5,000.00), boosting its capability to patrol vast maritime borders.
The 88.3 meters corvette type warship has a 1,200 tones displacement, speed of 32 knots (59 km/h), and capacity of 95 crews.
It could be fitted with armaments such as 2 x MM-38 Exocet, 1 OTO melara 76 mm/62 compact cannon, 2 x Emerlec 30 mm cannons, 4 x harpoon missiles, 2 x Nobong 40mm/70 twin cannons, 3 x Mark 32 triple torpedo tubes with 6 chung sang Eoes and 12 x mark 9 depth charges.
South Korea, next to USA for being the largest source of Philippine military hardware, from fighter jets, and patrol ships to armored vehicles and army trucks.
USA has provided almost the same armament to the Philippines in 2013 but unlike the Pohang Anti-submarine warship which cost the Philippines only $100 USD, the Hamilton Class cutters from the USA cost the Philippine government a hefty $10 Million US Dollars.
Philippines received ten FA-50 light fighters from Seoul and two more will be delivered next month to complete the 12 aircraft, 18 billion peso deal.
The Philippines has expressed interest to acquire six more similar planes.
"We are hoping to receive the vessel within the year," defense spokesman Arsenio Andolong said of the warship.
"The transfer will be in the form of a donation. We will pay a token $US100, but the corvette will still undergo refurbishment."
He said he has no idea how much the Philippines would need to spend to repair and restore the warship.
Andolong said the Philippines may acquire up to three such warships, which Seoul is replacing with newer and faster vessels.
"This may be an old ship but it will definitely enhance our capability to patrol our waters and perform counter-terrorism measures," he added.
South Korea has donated a lot of military hardware to the Philippines and has expressed gratitude for Manila's role in the 1950-53 Korean War.
Naval Group of Russia's Pacific Fleet Makes Port Call in Philippines' Manila for 4 days- First Joint Excercise
Philippines – Russia First Joint Exercise
Russian Warship arrived in the Philippines on Thursday for joint exercises as part of a drive for new security ties under President Rodrigo Duterte's revamped foreign policy of courting the traditional foes of Manila's top ally, Washington.
The guided-missile cruiser Varyag, accompanied by the fuel tanker ship, Pechenge, are on a four-day goodwill visit to the Philippines, the second port call by Russian warships in three months.
The move is part of what Duterte describes as a pursuit of a constitutionally mandated "independent foreign policy". He has made no secret of his grudge against the United States and has made befriending Russia and China the priority of his diversification drive.
Captain Lued Lincuna, director of the Philippine navy's public affairs, said the Philippines hoped to learn from the Russians during training activities and a demonstration of advanced equipment and weapons systems.
The schedule includes training and sports activities with the flagship vessel of the Russian Pacific fleet, plus a Russian concert in a park.
Video: Naval Group of Russia's Pacific Fleet Makes Port Call in Philippines' Manila for 4 days- First Joint Excercise
Philippines – Russia Defense Agreement
Russian commander Captain Alexsei Ulyanenko said the port call would make a "significant contribution" to strengthening relations and maintaining stability in the region.
Moscow wants to help Manila combat extremism and piracy, stepping up cooperation and training in areas where the Philippines has traditionally worked closely with its former colonial master the United States.
The relationship is expected to develop further next month when Duterte and Russian counterpart Vladimir Putin witness the signing of defense agreements in Moscow.
When Duterte met Putin for the first time last year, the Philippine leader spoke at length about what he called U.S. "hypocrisy".
Duterte has instructed his defense minister to look into how the Philippines could acquire modern military equipment from Russia, like drones, night-vision gear, sniper rifles, and even helicopters.
Duterte to visit Russia on May 25
President Rodrigo Duterte will be visiting Russia on May 25.
During his speech at the induction of newly elected officers of the Cebu Chamber of Commerce and Industry Inc., Duterte said Armed Forces of the Philippines Central Command chief Army Major General Oscar Lactao will be joining him.
"So I'm going there with Lactao, May 25," Duterte said. "[Sabi ko sa kanya,] Maganda rin ang mga Russian. Iyon lang man ang puntahan mo. Usap kami ni Putin."
[Translation: I told Lactao, "Russians are also beautiful. At least go with me for that." Putin and I will talk.]
He also reiterated Russia's commitment to helping the Philippines.
"Sabi pa ng Russia [said], "We will have everything you need, just come here,"" he added.
Improved Philippine-Russian relations
Russian Ambassador to the Philippines Igor Khovaev told CNN Philippines' "The Source" in January that Duterte's visit to Russia is a "milestone" in the ties between the two nations.
"Both the Russian and Philippine side, we need to prepare substantial and solid package of bilateral agreements on cooperation in different fields, and we are now taking necessary efforts," Khovaev said.
He also said Russian companies are willing to explore Philippine markets. He urged Philippine companies to reciprocate and explore the Russian market as well.
"We are ready to cooperate in industries of transport, energy… including the use of nuclear energy for peaceful purposes, telecommunications, agriculture, and many other fields. Both sides have a lot to offer," Khovaev said.
Economic, military agreements in the works
Economic ties between Manila and Moscow are at their infancy.
Russia has not had any foreign direct investment in the Philippines since 1999, central bank data showed.
Russia accounted for $43 million (around ₱2.17 billion) in overseas remittances last year, but it was only 0.2 percent of the total $26.9 billion (around ₱1.35 trillion) sent home by Filipinos from all over the world.
In addition, Socioeconomic Planning Secretary Ernesto Pernia said Russia committed to importing up to $2.5 billion (around ₱126 billion) worth of Philippine fruits, grains and vegetables in 2017.
Imports by Russia from the Philippines stand at $46 million (around ₱2.32 billion), according to government trade statistics.
Beyond economic links, the Philippines is also eyeing military cooperation with Russia. Defense officials have said they were looking into possible joint exercises and weapons deals with the Kremlin.
Building trust
In addition, Khovaev said he is optimistic that Filipinos would trust Russia more as the two countries build bridges.
"It's time for Filipinos to discover Russia, and vice-versa… and I have a strong belief, we'll trust each other." he said.
In a non-commissioned survey released by Pulse Asia on January 12, 38 percent of Filipinos trust Russia, while 58 percent do not.
These figures are far behind that of the United States, which has a 76 percent trust rating.
"It's a good result if we take into account so many decades of Hollywood-style Russian propaganda in your country," he said, in apparent reference to prevailing perceptions of Russia as "communist" when it was formerly known as the Union of Soviet Socialist Republics.
The Philippines has long been known as an ally of the U.S., even after it was colonized by the superpower from 1898 to 1946..With reports from Channel News Asia and CNN Philippines
Live trading with Bitcoin through SimpleFX Trading platform would allow you to grow your $100 to $1,000 Dollars or more in just a day. Just learn how to trade and enjoy the windfall of profits. Take note, Bitcoin is more expensive than Gold now.
Where to buy Bitcoins?
For Philippine customers: You could buy Bitcoin Online at Coins.ph
For outside the Philippines customers may buy Bitcoins online atCoinbase.com
