On September 6 the Philippines and the United States concluded a trade agreement on private US investment in Philippine enterprises. In the mid-1950s the United States and the Philippines jointly acknowledged Philippine ownership of US military bases in the islands. The Philippine Senate also ratified the peace treaty with Japan and a Philippine-Japanese agreement providing for US$800 million in Japanese reparations...
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On September 6 the Philippines and the United States concluded a trade agreement on private US investment in Philippine enterprises. In the mid-1950s the United States and the Philippines jointly acknowledged Philippine ownership of US military bases in the islands. The Philippine Senate also ratified the peace treaty with Japan and a Philippine-Japanese agreement providing for US$800 million in Japanese reparations...
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