ANI
25 Jun 2022, 22:07 GMT+10
Manila[Philippines], June 25 (ANI): The Philippines has terminated talks with China for a joint energy project in the South China Sea after President Rodrigo Duterte ordered an end to negotiations, according to a media report.
According to Teodoro Locsin, the foreign secretary of the Philippines, Manila has terminated talks with Beijing over joint oil and gas exploration in the South China Sea, NHK World reported.
During a speech in Manila on Thursday, Teodoro Locsin said that outgoing President Rodrigo Duterte had ordered the complete termination of the discussions.
The Philippines and China have conflicting territorial claims in the South China Sea. But in 2018 Duterte signed a memorandum with Chinese President Xi Jinping on joint resource exploration.
China later proposed a joint project in the Philippines' exclusive economic zone. One condition set by Beijing was to put aside an international arbitration ruling that rejected China's claim over most of the South China Sea.
The two countries had been discussing how to realize the plan.
"Three years on and we had not achieved our objective of developing oil and gas resources so critical for the Philippines but not at the price of sovereignty. Not even a particle of it," Locsin has said, as per NHK World.
He also called on the incoming Philippine administration to protect the country's sovereignty.
President-elect Ferdinand Marcos Jr is set to take office on June 30.
For decades, China has been in disputes with several countries in the Asia-Pacific region over the territorial belonging of a number of islands in the South China Sea, on the shelf of which significant reserves of hydrocarbons have been discovered.
The situation in the region is often complicated by the passage of US warships here, which, according to the Chinese Foreign Ministry, violate international law and undermine China's sovereignty and security. Despite protests from Beijing, Washington has repeatedly said that the United States will float wherever international law permits. (ANI)Get a daily dose of Tennis Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tennis Times.
More Information(Photo credit: Lon Horwedel-Imagn Images) The Detroit Pistons saw their longest winning streak in 17 years end on Friday night. They...
(Photo credit: Geoff Burke-Imagn Images) The St. Louis Blues are finally seeing a payoff for their progress made since Jim Montgomery...
(Photo credit: Winslow Townson-Imagn Images) Donovan Mitchell scored 41 points, including 26 in the second half, as the visiting...
(250301) -- ACAPULCO, March 1, 2025 (Xinhua) -- Nakashima Brandon of the United States hits a return during the singles semifinal match...
(Photo credit: Kevin Jairaj-Imagn Images) The Washington Wizards and Charlotte Hornets meet Saturday bearing the load of disappointing...
New Delhi [India], March 1 (ANI): Elevating the spirit of sports in the national capital, Indian sport shooter Deepak Kumar and TV...
DUBLIN, Ireland: Dublin has unveiled a new 5.5 million euro cycle track along the south quays, enhancing safety and accessibility for...
DUBAI, UAE - Fuelre4m has announced a new partnership with one of the UAE's largest yacht operators aimed at improving fuel efficiency...
CAIRO — Observant Muslims the world over will soon be united in a ritual of daily fasting from dawn to sunset as the Islamic holy...
BEIJING, March 1 (Xinhua) -- A selection of the best press photos from Xinhua. A drone photo taken on Feb. 27, 2025 shows the construction...
BEIJING, March 1 (Xinhua) -- In a significant move to open its telecommunication sector further, China has approved 13 foreign-invested...
(Photo credit: Jeff Romance / USA TODAY NETWORK via Imagn Images) Jake Knapp followed his opening-round 59 with a far more modest,...