Philippines, China sign framework energy deal

Philippines, China sign framework energy deal

Philippines, China sign framework energy deal

"Infrastructure will be very important for the Philippines in the coming years and there is no country in the world that matches China's recent track record and capability in this area", Arroyo said during a courtesy call on Xi at his hotel Wednesday.

The two leaders on Tuesday oversaw 29 agreements of sorts, many of them broad or vague, from cooperating in education, culture and industrial park development to jointly promoting infrastructure, agriculture cooperatives and establishing sanitation protocols for shipping coconuts.

As far as China is concerned, setting aside the territorial dispute with the Philippines for now and embarking on joint oil and natural gas development can even kill three birds with one stone: first, turning Manila from foe into friend; second, alleviating its own energy shortage, and third, depriving the United States of any excuse to get involved in the South China Sea dispute.

China and the Philippines have formed a community of shared future, and maintained friendship between the two countries conforms to each other's interests, Duterte said. Duterte noted that more and more Philippine products, including tropical fruits, are entering the Chinese market thanks to the continuous development of China-Philippines economic and trade cooperation. Instead, it creates a joint intergovernmental steering committee and one or more working groups which would help the Philippine and Chinese governments to come to an agreement within 12 months from the signing of the memorandum. The administration of Duterte's predecessor, Benigno Aquino III, had brought the territorial disputes with China to worldwide arbitration and won, but China has ignored the outcome.

On this occasion, we have also discussed the participation of the Phillipines in the Silk Road and Strip Initiative, which was proposed by the Chinese president in 2014. He made the assurance that it "will be without prejudice to the respective legal positions of both governments" on the maritime dispute.

He recalled that during the Arroyo administration, the Philippines, China and Vietnam entered into an agreement - known as the Joint Marine Seismic Undertaking (JMSU) - to jointly conduct oil offshore exploration covering both disputed and undisputed waters.

The move is likely to spark strong opposition among Philippine lawmakers, who argued that Duterte risks surrendering the country's claims over disputed territories such as resource-rich Reed Bank, while lies just 90 miles off the country's Palawan Island.

Protesters display placards during a rally outside the Chinese Consulate in Manila to protest the two-day state visit of President Xi Jinping onNov.

"I commend the President for taking on Jose Rizal's mantle and for his commitment to an independent Philippines", he added.

He reiterated this anew in his letter of gratitude to Duterte, saying he "set great store by China-Philippines relations and value my personal friendship with you".

"However the global situation may change, both sides will remain committed to this relationship and work hard to make it even stronger", he continued.

Duterte joked that his daughter is shy, but he believes she would be willing to sing the Chinese song for the visiting Chinese President, and he would let her start practicing immediately.

While there was support in government for the latter, "that doesn´t mean that every bureaucrat, local politician, and the general public enthusiastically jumps on board", Wyatt said.

"Signing the Chinese deal will make the Philippines recognize an unlawful "co-ownership" with China", minority senators said in a resolution, according to Reuters.

Beijing claims almost all of the South China Sea, which is one of the hotly contested regions in the world.

A statement released by the Department of Foreign Affairs added that both sides remained committed to addressing disputes by peaceful means, without resorting to the threat or use of force, through friendly consultations and negotiations by sovereign states directly concerned, in accordance with universally recognized principles of worldwide law, including the Charter of the United Nations and the 1982 UN Convention on the Laws of the Sea.

The Philippines and China raised the level of bilateral relations to integral strategic cooperation after the meeting on Tuesday in this capital between President Rodrigo Duterte and his Chinese counterpart, Xi Jinping.

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