The Philippines is taking with caution Chinese Ambassador Ma Keqing's declaration of Beijing's openness to a joint exploration for oil and gas in the West Philippine Sea (South China Sea), a position more recently reiterated by China's foreign ministry to show its commitment to a peaceful resolution of the maritime dispute embroiling both countries. Foreign Secretary Albert del Rosario said Monday any joint development in disputed territories in the West Philippine Sea should abide by Philippine laws and any business talks should be led by the private sector. "We take a guarded position on China's statement on joint development," said Del Rosario...
Keep on reading: PH cautious on China oil offer
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