MANILA – The Philippines and Vietnam have reaffirmed their commitment to pursue peace and stability in South China Sea, where both sides have partial claims against China's assertions of sovereignty o
MANILA – The Philippines and Vietnam have reaffirmed their commitment to pursue peace and stability in South China Sea, where both sides have partial claims against China's assertions of sovereignty over nearly all of the waters.
“As country coordinator for ASEAN-China Dialogue, the Philippines is actively pushing for the conclusion of a binding, effective, and substantive Code of Conduct in the South China Sea at the soonest possible time,” the PCOO said. In 2015, both countries reaffirmed their bilateral ties and committed to enhance cooperation in different areas.
The South China Sea is home to large natural oil and gas reserves and some of the busiest freight waterways in the world.
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