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Seoul warns Beijing over island claim
by Staff Writers
Seoul (UPI) Mar 14, 2012

disclaimer: image is for illustration purposes only

South Korea has warned China that it will protect what it claims is South Korean territory -- Ieodo Island, even though the landmass is about 15 feet below sea level.

South Korea's Foreign Ministry called in China's Ambassador Zhang Xinsen to warn about Beijing making claims that Ieodo Island is within China's exclusive economic zone, a report in The Korea Herald newspaper said.

Kim Jae-shin, South Korea's deputy minister for political affairs, reiterated South Korea's claim to Ieodo, saying that it was much closer to South Korea than mainland China, the Herald report said.

In 1987, South Korea placed a shipping warning beacon over the disputed submerged rock, then called Socotra Rock.

Socotra was renamed Ieodo in 2001 when Seoul built an oceanographic research platform over it, complete with helipad.

But China has claimed the rock, called Parangdo, as being within its EEZ, although it is around 200 nautical miles from the mainland.

Seoul refutes Beijing's claim, pointing out Ieodo lies less than 100 miles south of Marado, a treeless island of less than 1 square mile and home to around 90 people. Marado is about 5 miles off the south coast of South Korea's Jeju island, a favorite South Korean holiday destination.

China's claim should be "a wake-up call to South Korea, which has focused primarily on deterring North Korea while paying less attention to possible maritime threats from neighboring states such as China and Japan," the report in The Korea Herald said.

Of particular concern should be China's growing naval presence, including recent sea trials of its first aircraft carrier Varyag which Beijing bought from Ukraine in 1998.

"As China is to commission its first aircraft carrier in the near future, we now face the reality of how to deal with such developments," said Lim Han-kyu, adjunct professor at Hyupsung University.

"Our concerns (about China's expanding naval might) are becoming a reality," said Lim, who served as vice chief of the South Korea's Naval Education and Training Command from 2006-07.

He said Seoul needs to invest in more coast guard vessels capable of spending long periods at sea.

In December, South Korean President Lee Myung-bak called for "strong" measures to protect the country's coast guard sailors during the crackdown on illegal fishing by Chinese boats.

More equipment and personnel may be allocated to the coast guard service so there is no repeat of the fatal attack on two sailors during a raid on a Chinese boat suspected of fishing illegally in South Korean waters, he said.

Lee's remarks came after a coast guard officer was allegedly stabbed by the captain of the Chinese fishing boat and died shortly after in hospital. Another coast guard member also was stabbed in the incident, a report by the South Korean news agency Yonhap said at the time.

Also last month, the Philippines, which also has disputes with China over islands, announced its navy would soon receive its second decommissioned U.S. Coast Guard ship, the USCGC Dallas, a Hamilton class cutter 378 foot-long, 3,250-ton vessel.

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Pakistan-Iran gas project hit by Chinese reluctance
Islamabad (AFP) March 14, 2012 - A multi-billion dollar gas pipeline project between Iran and Pakistan has run into difficulty over reluctance by a Chinese bank to sign up as an investor, officials said Wednesday.

Foreign Minister Hina Rabbani Khar said the government was reviewing sources of funding for Pakistan's $1.5 billion share of the project that the United States has called on Islamabad to drop because of sanctions against Iran.

"A committee has been set up to look at all available resources for funding the Iran-Pakistan project," she told reporters at a news conference.

Local newspapers on Wednesday reported that the Industrial and Commercial Bank of China (ICBC) has declined to be part of a consortium to finance the project following reports that firms involved will face sanctions.

Pakistan has said repeatedly that it will pursue the project regardless of US pressure exerted over Iran's controversial nuclear programme, calling it vital in helping to overcome the country's debilitating energy crisis.

The petroleum ministry on Tuesday recommended that the government pursue "other options" because "existing parties of ICBC and Pakistan's Habib Bank Limited (HBL) are showing less interest in the Iran-Pakistan Gas pipeline".

It suggested finding a second consortium with other companies, or government to government arrangements with China, or Russia, or an arrangement with the Iranian government to complete the project, an official statement said.

But on Wednesday, the ministry suggested the matter was not final.

It said Inter State Gas Services (ISGS), set up in 1996 to implement the project and which selected a consortium which included ICBC and HBL, was still "in the process of soliciting requisite internal and regulatory approvals".

Pakistan considers China its closest foreign ally and the ministry said it "views Chinese cooperation with great respect and would pursue the economic cooperation with the ICBC which has shown keen interest in the project".

Pakistan and Iran signed a deal in 2010 in which Iran is to supply natural gas to its eastern neighbour from 2014, with sales to reach 750 million cubic feet (21 million cubic metres) to one billion cubic feet per day by mid-2015.

Pakistan, which produces just 80 percent of its electricity needs, has presented the $7.5 billion gas project as a partial answer to a crippling energy crisis which has led to debilitating blackouts and suffocated industry.

Washington slapping new sanctions on Iran's central bank in an effort to force it to reverse course on its nuclear programme, has voiced strong objections to the pipeline project.



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