Business community backs call on China to withdraw vessels from PH reef

  • Page Views 307
  • MANILA – Several of the country’s top business groups on Wednesday expressed support for the collective call urging China to withdraw its vessels in the Julian Felipe Reef in the West Philippine Sea.

    The reef is “historically and by law” an undisputed Philippine territory, said a joint statement signed by the Philippine Chamber of Commerce and Industry, Management Association of the Philippines, and the Makati Business Club, among others.

    Exclusive rights over the Julian Felipe Reef carries with it the right to utilization and the obligation to protect its economic benefits including its rich marine life and mineral deposits, the statement said.

    The groups said China and the Philippines have many things in common after both being “subjugated by colonizers” and having their natural resources plundered.

    “Now that China is strong economically and militarily, we call on China to refrain from becoming an imperial power,” the statement said.

    “We call on the Chinese authorities to respect the sovereignty of the Philippines and other neighboring countries for it is only through peaceful co-existence that we can achieve prosperity for all,” it added

    The Philippines’ task force on the West Philippine Sea said over 200 Chinese ships were sighted near the reef in March. The waters comprise the country’s exclusive economic zone in the South China Sea, which China claims in near entirety.

    The Philippines has fired fresh protests over the ships’ lingering presence, which the DFA has called illegal.

    Manila and Beijing have long been locked in a dispute over the South China Sea even as the Duterte administration pursued closer business ties with China to land infrastructure funding and investments.

    In 2016, a United Nations-backed tribunal invalidated China’s nine-dash line claim to 90 percent of the South China Sea, but Beijing has ignored this, instead ramping up militarization and island-building activities in the vital waterway. (abs-cbn news)



    New Posts Recently publish post More

    • 21 October 2021
      3 days ago No comment

      Alden Richards continues to scale new heights; renews contract with GMA Network

      A proud Kapuso for over a decade: Alden Richards is a name that needs no introduction. With an impressive thread of local and international recognitions, box-office hits, top-rating series, and chart-topping albums, the Kapuso actor has proven worthy of his title as Asia’s Multimedia Star. Last October 15, Alden ...

    • 21 October 2021
      3 days ago No comment

      ABS-CBN wins Star Awards’ Best TV Station

      ABS-CBN won Best TV Station while its stars and shows also received recognition in the 34th Star Awards for Television held virtually by the Philippine Movie Press Club (PMPC) over the weekend. Among the 24 other winners from the Kapamilya was series Pamilya Ko, which was named Best Primetime ...

    • 21 October 2021
      3 days ago No comment

      Leni-Pacquiao tandem still possible

      Senator Manny Pacquaio has left the door open to stepping aside as a presidential candidate. Pacquaio has indicated that he may be willing to support the presidential bid of current Vice President Leni Robredo in the May 9, 2022 election. Pacquiao said on October 15 that he would be ...

    • 14 October 2021
      1 week ago No comment

      3 Steps to getting your BC Vaccine Card


    • 14 October 2021
      1 week ago No comment

      Maria Ressa’s Nobel Peace Prize is an international Rebuke of the Duterte Regime

      The Malaya Movement in Canada congratulates Maria Ressa as co-recipient of the 2021 Nobel Peace Prize. In its announcement, the Nobel Committee cited Ms. Ressa’s efforts to safeguard freedom of expression, which is a precondition for democracy and lasting peace. Ms Ressa …[is] receiving the Peace Prize for [her] ...

    %d bloggers like this: