China affirms commitment to maritime cooperation amid SCS dispute | Global News

China affirms commitment to maritime cooperation amid SCS dispute

/ 10:06 AM January 12, 2023

After his three-day state visit to China, President Ferdinand Marcos Jr. on Thursday said he has invited his Chinese counterpart Xi Jinping for a visit to the Philippines. 

Philippines President Ferdinand “Bongbong” Marcos Jr. (left) and Chinese President Xi Jinping (REUTERS file photo)

MANILA, Philippines — China is still committed to look for ways for maritime cooperation despite the Philippine Supreme Court’s ruling that voided a 2005 oil exploration agreement in the West Philippine Sea.

“China remains committed to properly handle maritime disputes in the South China Sea with countries directly concerned, including the Philippines, through dialogue and consultation, and to actively explore ways for practical maritime cooperation including joint exploration,” China’s Ministry of Foreign Affairs spokesperson Wang Wenbin said in a press conference on Wednesday.

ADVERTISEMENT

Wang noted that during Philippine President Ferdinand Marcos Jr.’s state visit to Beijing, the latter and Chinese President Xi Jinping agreed to resume joint oil and gas exploration negotiations.

The Philippine Supreme Court recently declared void and unconstitutional a 2005 agreement that allowed the Philippines, China, and Vietnam to conduct joint oil search in the West Philippine Sea in the contested South China Sea.

“During Philippine President Marcos’s recent visit to China, the two sides agreed to bear in mind the spirit of the Memorandum of Understanding on Cooperation on Oil and Gas Development signed in 2018 and resume discussions on oil and gas development at an early date, building upon the outcomes of the previous talks, with a view of benefiting the two countries and their peoples,” Wang said.

According to Wang, the joint oil exploration deal was a vital step to implement the Declaration of Conduct (DOC) in the South China Sea.

“It was an important step by the three countries to implement the DOC and a useful experiment for maritime cooperation between parties to the South China Sea. It played an important role in promoting stability, cooperation and development in the region,” he said.

Aside from the Philippines, China, and Vietnam, other nations that are claimants of the South China Sea are Taiwan, Malaysia, Indonesia, and Brunei.

gsg
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: China, Philippines, sea dispute

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.