Showing posts with label "Energy". Show all posts
Showing posts with label "Energy". Show all posts

Tuesday, 25 July 2017

China backs joint energy development with Philippines in disputed sea

Manila: China`s foreign minister on Tuesday said he supported the idea of joint energy ventures with the Philippines in the disputed South China Sea, warning that unilateral action could cause problems and damage both sides.

Wang Yi, on a two-day visit to Manila, made the remarks after President Rodrigo Duterte on Monday said a partner had been found to develop oil fields and exploration and exploitation would restart this year.

Both countries claim the oil and gas reserves, and a deal on sharing could be seen as legitimising the other side`s claim, or giving away sovereign territory.

Wang also said China and Southeast Asian countries were firming up a maritime code of conduct framework, showing the world they could handle differences.

However, in a veiled reference to the United States, he said it was important for regional friends to stand up to outside interference.

"If there are still some non-regional forces in the region, they don`t want to see stability and want to stir up trouble, we need to stand together and say `No` to them together," he said.

In the latest confrontation, Chinese fighter jets intercepted a US Navy surveillance plane over the East China Sea at the weekend, according to US officials.

Source:-Zeenews
View more about our services:-Managed Security service provider

सुर्खियां - Google Hindi Samachar - समाचार

विश्व समाचार - Google Hindi Samachar

राष्ट्र समाचार - Google Hindi Samachar

व्यवसाय समाचार - Google Hindi Samachar

मनोरंजन समाचार - Google Hindi Samachar

खेल समाचार - Google Hindi Samachar

विज्ञान/तकनीक समाचार - Google Hindi Samachar

स्वास्थ्य समाचार - Google Hindi Samachar