China and the Philippines said in a joint statement on Thursday they have agreed to set up a direct communications channel between their foreign ministries on the South China Sea to handle disputes peacefully.
Talks on joint oil and gas exploration to resumesaid in a joint statement on Thursday they have agreed to set up a direct communications channel between their foreign ministries on the South China Sea to handle disputes peacefully.
Both sides also agreed to resume talks on oil and gas exploration in the South China Sea and discuss cooperation on areas including solar, wind, electric vehicles and nuclear power.would also meet “as soon as possible” to discuss “pragmatic cooperation”. On the economic cooperation front, China agreed to let in more Philippine imports, with the aim for bilateral trade to revert to or surpass pre-pandemic volume.
Marcos’s three day visit to Beijing comes as China re-emerges from a self-imposed border shut-down since the pandemic started in 2020 which has disrupted trade and hurt its economy.
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