Duterte offers 60-40 deal with China Joint South China Sea exploration planned
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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.
Kabiling, G. D. (2018, April 28). Duterte offers 60-40 deal with China Joint South China Sea exploration planned. Manila Bulletin, pp. 1, 6.
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Valente, Catherine S. (The Manila Times,
August 18, 2017, on page A2)President Rodrigo Duterte is open to a joint exploration in the disputed West Philippine Sea (South China Sea) not only with China but also with other “foreign entities,” Malacañang said on Thursday. The President is “open ...
Lee-Brago, Pia (The Philippine Star,
July 27, 2017, on page 2)The Philippines will not lose even a “single inch” of territory to China if ever it proceeds with its joint exploration deal with the Asian giant, which is claiming almost the entire South China Sea. Foreign Affairs Secretary ...
Kabiling, Genalyn D. (Manila Bulletin,
April 12, 2018, on page 1-6)In a bid to turn the South China Sea into a “sea of cooperation and friendship,” Chinese President Xi Jinping has proposed a joint exploration of the waterway between the China and the Philippines “at an appropriate time.” ...