MANILA/SEOUL -- South Korea will offer $1.9 billion of low-interest loans to the Philippines for two infrastructure projects, as the leaders of the two countries on Monday called for upgrading relations to a "strategic partnership" during President Yoon Suk Yeol's visit to Manila.
International relations
South Korea offers $1.9bn in loans to Philippines during Yoon visit
President touts nuclear energy cooperation at dormant Bataan plant
South Korean President Yoon Suk Yeol, second from left, and Philippine President Ferdinand Marcos Jr., second from right, take part in a signing ceremony on Oct. 7 in Manila. © Reuters
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