. Energy News .




.
TRADE WARS
China and ASEAN members sign agreement
by Staff Writers
Jakarta (UPI) Jul 22, 2011

disclaimer: image is for illustration purposes only

China has signed an agreement with the Association of South East Asian Nations to move toward peaceful resolutions of maritime disputes in the South China Sea.

The agreement comes amid continued clashes on the high seas around large island groupings between mainly China and its neighbors including the Philippines, Vietnam and Malaysia.

This week China slammed Manila over a Filipino politician's visit to a disputed Spratly island.

The China-ASEAN agreement, signed at the 44th ASEAN Foreign Ministers meeting in Bali, was welcomed by Chinese Assistant Foreign Minister Liu Zhenmin.

"This is an important milestone document on the cooperation among China and ASEAN countries," Liu told reporters at the meeting. "And we have a bright future and we are looking forward to future cooperation."

A communique from China and ASEAN stressed the importance of maintaining peace and stability in the South China Sea and "the continued exercise of self-restraint by all parties concerned."

The communique noted the proposal of the Philippines for having senior officials of ASEAN work with maritime legal experts to study ways of resolving the escalating disputes over islands and atolls in the South China Sea. Their proposals will be presented to the 19th ASEAN Summit, starting Sept. 24 in Bali.

ASEAN and China have agreed to establish more formal -- but general -- guidelines for conducting discussions on maritime issues but haven't laid out specific legal, bilateral or multilateral routes for tackling the thorny issue of territorial claims.

The deal is notable for its lack of detail, said analysts. The common factor in all South China Sea disputes is China. Beijing, which is beefing up its maritime patrols, lays claim to all the island groupings, even those much closer to the shores of the Philippines, Malaysia, Brunei and Vietnam.

The Spratly Islands -- the largest group -- lie off the southwest coast of the Philippines as well as Brunei and Malaysia. Ownership of the Spratly Islands is the most difficult of all the territorial claims because of the number of claimants, including Vietnam and Taiwan.

Further north, off the west coast of the Philippines, lies the Scarborough Shoal, disputed between China and the Philippines. Meanwhile, Vietnam and China are fighting for sovereignty over the Paracels, a group of islands south of China's Hainan Island province and off the east coast of Vietnam.

Solving the territorial claims is becoming a higher priority for ASEAN because of the increasing importance of natural resources to nations. Ownership of the islands -- most uninhabited -- means ownership of oil and natural gas resources on the seabed and fishing rights.

In early June, the Philippines government dismissed China's territorial claim to the Reed Bank -- or the Recto Bank, as Manila calls it -- which is around 80 nautical miles from Palawan province but around 500 nautical miles from mainland China.

"The administration has always asserted that it will dismiss out of hand any claim to what are considered integral parts of Philippine territory, such as the Recto Bank in western Palawan," Philippines presidential spokesman Edwin Lacierda said.

"Concerning our defense posture, the administration is determined to improve the capabilities of our military and coast guard to enable the effective patrol and protection of our national territory and exclusive economic zone."

Earlier this month, the Philippines ruled out any joint exploration with other claimant countries in the Reed Bank.

"The Reed Bank is not part of the Spratlys," Philippines Foreign Secretary Albert del Rosario told reporters. "What is ours is ours."

The decision follows alleged threatening behavior by Chinese naval vessels toward several Philippines resource research ships around the Reed Bank in March.

Vietnam recently said it will do everything in it power to protect its coastal waters after China allegedly interfered with two of Hanoi's seismic survey vessels 80 miles off its south-central coast -- well within its territorial waters and around 370 miles south of China's Hainan Island.

China rejected Hanoi's claim that its ships had cut the cables. Beijing countered saying the Vietnamese ships owned by the state oil and gas company PetroVietnam were operating in Chinese waters.

In June, U.S. Defense Secretary Robert Gates said in Singapore that the United States will increase its military activity in the area, even though the number of U.S. service personnel stationed in Asia may drop.

At the same time the United States will seek to boost military cooperation with Asian nations, including more joint military exercises, Gates said in a speech to the 10th Shangri-La Dialogue, an annual Asian security summit hosted by the International Institute for Strategic Studies.




Related Links
Global Trade News

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
IMF urges China to reform economy, starting with yuan
Washington (AFP) July 20, 2011
The International Monetary Fund on Wednesday urged China to embark on sweeping financial system reforms to shore up long-term growth, starting by freeing up its undervalued yuan. The IMF praised market-oriented changes already underway, but said China needed to embark on a complex "rebalancing" plan that would take the country from an export focus to a more domestic-consumption model. Th ... read more


TRADE WARS
Historic Polish shipyard set to 'go green'

China investing in South Korean power grid

An advance toward ultra-portable electronic devices

US shale gas weakening Russian, Iranian petro-power

TRADE WARS
NASA and Chevron Partner to Benefit the Energy Industry

Chemical Make-up of Gulf of Mexico Plume Determined

US warns on South China Sea, cautious on N.Korea

Philippines vows to protect South China Sea assets

TRADE WARS
Estonian wind farm taps GE for turbines

Wind-turbine placement produces tenfold power increase

Bold new approach to wind 'farm' design may provide efficiency gains

2010 Wind Technologies Market Report

TRADE WARS
ReneSola Rolls Out Shipments of Its New Multicrystalline Virtus Wafer and Module Lines

Providing Power to More Than 2,000 Homes

New Labels For US And Canadian Solar Installers

Rooftop FIT Project Installed in Ontario

TRADE WARS
70% in Japan support PM's nuclear-free future: poll

South Korea, India sign nuclear cooperation pact

New French nuke plant beset by more delays

Japan's Hamaoka atomic plant to build huge seawall

TRADE WARS
Regulatory hurdles hinder biofuels market

Corn yields with perennial cover crop are equal to traditional farming

Study: Biofuel regulations should change

Researchers find potential key for unlocking biomass energy

TRADE WARS
China launches new data relay satellite

Time Enough for Tiangong

China launches experimental satellite

China to launch an experimental satellite in coming days

TRADE WARS
UN says climate change threatens world security

Kenyan herders flee as cattle die in Horn of Africa drought

US heartland suffers under killer heat, humidity

Britain's Monckton lordly about title


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement