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    Duterte offers 60-40 deal with China Joint South China Sea exploration planned

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    Date
    April 28, 2018
    Author
    Kabiling, Genalyn D.
    Metadata
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    Classification code
    MB20180428_1
    Excerpt
    The Philippines could forge a 60-40 sharing scheme in the planned joint exploration with China in the South China Sea, President Duterte proposed last Thursday amid improving ties between the two nations. The President opted to offer a “better deal” with China – 40% of the stake – on the joint sea exploration, rather than go to war over the disputed territory which he said would only result in the loss of Filipino lives. “Precisely I said when the issue of the China Sea, leave it at that. It’s geopolitics. Anyway, China has offered joint exploration and joint operation,” Duterte said before assembly Most Worshipful Grand Lodge of Free and Accepted Masons of the Philippines in Davao City last Thursday.
    Citation
    Kabiling, G. D. (2018, April 28). Duterte offers 60-40 deal with China Joint South China Sea exploration planned. Manila Bulletin, pp. 1, 6.
    URI
    http://hdl.handle.net/20.500.12174/4556
    Associated content
    Online version
    Corporate Names
    Most Worshipful Grand Lodge of Free and Accepted Masons of the Philippines Philippine Navy
    Personal Names
    Duterte, Rodrigo Xi, Jinping
    Geographic Names
    South China Sea China Philippines Davao
    Subject
    international agreements exploration disputes territorial waters Oil and gas exploration international cooperation land reclamation military operations
    Collections
    • Manila Bulletin [2455]

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