"The United States and the Republic of the Philippines maintain close ties stemming from the U.S. colonial period (1898-1946), the bilateral security alliance, extensive military cooperation, and common strategic and economic interests. Although the United States closed its military bases in the Philippines in 1992, the two treaty allies have continued joint military activities related to counterterrorism and maritime security. The bilateral security relationship has gained prominence as a key link in the evolving U.S. foreign policy 'pivot' or 'rebalancing' toward Asia, and the two sides are discussing bolstering U.S. access to Philippine military facilities. […] Broad U.S. policy objectives include the following: maintaining the U.S.-Philippine alliance; enhancing security and stability in the South China Sea; assisting the Armed Forces of the Philippines (AFP) in counterterrorism, maritime, modernization, and administrative reform efforts; supporting the peace process in Muslim areas of Mindanao; promoting broad-based economic growth; and helping the Philippines to develop more stable and responsive democratic institutions. The U.S. Congress has placed conditions upon a portion of U.S. military assistance to the Philippines in order to pressure the Philippine government and judicial institutions to hold the perpetrators of extrajudicial killings and violence against journalists accountable."
CRS Report for Congress, RL33233
U.S. Department of State, Foreign Press Centers: http://fpc.state.gov/