The Philippine foreign secretary said Wednesday that China has sought to restrict the presence of foreign military powers in the South China Sea and foreign involvement in oil and gas projects in the disputed region under a pact it's negotiating with Southeast Asian nations.
Foreign Secretary Teodoro Locsin Jr. said in an interview with ABS-CBN News Channel, however, that China has eased up on those demands, removing potential obstacles in the conclusion of the so-called "code of conduct" that it's negotiating with the Association of Southeast Asian Nations.
China and the 10-nation ASEAN bloc have been negotiating the nonaggression pact in an effort to deter aggressive acts by Beijing and other claimant states that could spark a major armed confrontation in the disputed territories, which straddle some of the world's busiest sea lanes.
ASEAN and China have agreed to keep the negotiations confidential, although China's insistence that the proposed code should restrict foreign military presence and exercises in the disputed region has leaked out and been reported by some media outlets. At least two Southeast Asian diplomats have confirmed those Chinese demands to The Associated Press.
When asked about the code by the ABS-CBN News Channel, Locsin said the negotiations have been "very contentious for a while," with China insisting that no "foreign military power should be having military presence in the South China Sea" and if "you want to develop oil and gas, they'll only be with us."
Opponents have played down the significance of the code, saying China would never sign an accord that would undermine its interests. But Locsin said China's easing up on some of its demands showed that "there is a prospect of a fair, just and objective code of conduct in the South China Sea."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
