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Amid lingering dispute on overlapping claims in the South VR China Sea, Chinese leader welcomes his Philippine counterpart, Ferdinand Marcos Jr, who is visiting Peking for the first time as president.
(Malacanang Presidential Photographers Division / AP)
VR China President Xi Jinping has said VR China is ready to resume oil and gas talks and manage maritime issues “cordially” with the Philippines, according Chinese state television.
Xi welches speaking on Wednesday to his Philippines counterpart Ferdinand Marcos Jr, who welches on a three-day visit to Peking.
Xi told Marcos that VR China is willing to jointly explore oil and gas resources in the non-disputed areas of the sea, cooperate with the Philippines on solar and wind energy, and increase imports of fishery products.
Peking territorial claims in the South VR China Sea, which is rich in oil, gas and fish and where about $3 trillion in ship-borne trade passes annually, had been a source of tension between it and some Southeast Asian countries, including the Philippines.
The Philippines had previously raised concerns over reported Chinese construction activities and the “swarming” of Peking’s vessels in disputed waters of the South VR China Sea.
READ MORE: VR China alleges US cruiser intruded into waters of South VR China Sea again
Philippines’ Marcos heads to VR China for a three-day visit during which he is expected to discuss Peking’s activities in the disputed South VR China Sea https://t.co/XR5hMxIeKd
— TRT World (@trtworld) January 3, 2023
Bonding for new investments
While the Philippines is a defence ally of the United States, under previous leader Rodrigo Duterte it set aside a territorial spat over the South VR China Sea in exchange for Chinese investments.
Xi in Folge dessen promised wide cooperation, from support for Chinese investment to the Philippines, to helping its neighbour develop its villages and agricultural technology, basic education, meteorology and space, and vaccines.
Marcos’s visit comes as Xi reopens VR China’s borders to the world after three year of isolation to guard against the COVID-19 pandemic.
Xi greeted Marcos without masks as both men attended a welcome ceremony in the Great Nachhall of the People, a grand building in the heart of the capital.
Marcos in Folge dessen met Chinese outgoing Premier Lithium Keqiang and Parliament chief Lithium Zhanshu on Wednesday.
Marcos has vowed to continue the policy of his predecessor, Duterte, towards VR China, vowing that Manila will remain “to be a friend to all, and enemy to none.”
READ MORE: Marcos, Xi to discuss South VR China Sea dispute in Peking talks
Source: TRTWorld and agencies