Markets

China reports progress on South China Sea code of conduct

China reports progress on South China Sea code of conduct

Chee Wee Kiong, permanent secretary at Singapore's foreign ministry, said a draft framework would be submitted to a meeting of the foreign ministers of China and the ASEAN states in the Philippines in August.

The framework, which was agreed upon during a meeting of senior officials from Asean and China in the southwestern Chinese province of Guizhou, sets the parameters for a final, more detailed agreement yet to come.

Notably, observers will be watching for any indication that the framework includes the sort of binding provisions that have always been expected but seen as unattainable given what once seemed as an unbridgeable gap between China and the forward-leaning ASEAN claimant states, including Vietnam and the Philippines under the previous government led by Benigno Aquino III.

According to the tribunal's ruling, it found no evidence that China had historically exercised exclusive control over the waters or resources within the Nine-Dash Line.

Still, Liu emphasized that the conclusion of the framework is a "milestone in the process and is significant" as this will provide a good foundation for the next round of consultations.

"We hope that our consultations on the code are not subject to any outside interference", he said.

"The COC consultation is a concrete implementation of the DOC framework".




"The ASEAN countries known they can't fight the Chinese or count on America so it's best to work with China to stabilize the status quo", Huang said. Other claimants are the Philippines, Malaysia, Indonesia and Vietnam - all members of ASEAN. "They also held discussions on issues including the promotion of next-step practical maritime cooperation and the possible establishment of relevant technical working groups", said in the joint press release.

PRESIDENT Rodrigo Duterte revealed Friday that China had warned him that it is prepared for war if the Philippines upholds its sovereignty over the disputed territories in the South China Sea.

China's foreign ministry spokeswoman Hua Chunying said: "With joint efforts by involved parties, including China, the South China Sea situation has stabilized and improved". The Philippine President emphasized, "Ours is of legal and of recent memory".

"China is winning the argument here and others will have to move accordingly", says Mathew Davies, head of the International Relations Department at the Australian National University, who specializes in Southeast Asian politics. Both countries conducted a bilateral consultative mechanism to resolve the issues hounding the South China Sea.

"I think that will be covered by the bilateral consultative mechanism", Presidential Spokesperson Ernesto Abella told reporters at MalacaƱang.

Philippine Ambassador to China Jose Santa Romana will lead the Philippine delegation while China's side will be headed by Vice Foreign Minister Liu.


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