ID :
186623
Mon, 06/06/2011 - 09:40
Auther :
Shortlink :
https://oananews.org//node/186623
The shortlink copeid
CHINA SUPPORTS MALAYSIA'S PROPOSAL TO SHARE ECONOMIC ACTIVITIES IN SOUTH CHINA SEA
By Tengku Noor Shamsiah Tengku Abdullah
SINGAPORE, June 6 (Bernama) -- China has expressed support for a Malaysian
proposal to set up a special purpose vehicle (SPV) as the platform to share
economic activities in the South China Sea.
China's National Defence Minister Gen Liang Guanglie said "all the relevant
parties must be prudent of the South Sea and should work together on that".
"We do not hope to have a negative impact on stability and peace in the
area," he told Bernama on the sidelines of the 10th IISS Asia Security Summit -
The Shangri-La Dialogue, here.
Liang was asked to comment on Malaysia's proposal to set up the SPV to share
economic activities among the claimant countries in the South China Sea, as
suggested by Malaysian Defence Minister Dr Ahmad Zahid Hamidi during the
question-and-answer session at the annual dialogue.
Dr Ahmad Zahid had said the countries could share not only in terms of
equity participation but also in terms of exploration of the natural resources
in the disputed areas.
Liang pointed that when Chinese Premier Wen Jiabao visited Malaysia in
April, both Jiabao and Malaysian Prime Minister Najib Razak had discussed the
issue of overlapping claims in the South China Sea.
"They had a good talk," he said.
Liang said: "I talked about the Chinese stand towards the South Sea and (I
guess) you are aware of it," he said referring to his speech earlier.
He said China was committed to maintaining peace and stability in the South
China Sea.
In 2002, China and the Asean countries signed a declaration on the Code of
Conduct on the South China Sea, which acknowledged the settlement of the
territorial and jurisdictional disputes by peaceful means through friendly
consultation and negotiations by the sovereign states directly involved.
Also in the declaration, Liang said, it was reaffirmed that the freedom of
navigation and overflight in the South China Sea should be respected according
to universally recognised principles of international law.
At present, the general situation in the South China Sea remains stable.
The minister said China had been actively holding dialogues and
consultations with the Asean countries in implementing the declaration.
SINGAPORE, June 6 (Bernama) -- China has expressed support for a Malaysian
proposal to set up a special purpose vehicle (SPV) as the platform to share
economic activities in the South China Sea.
China's National Defence Minister Gen Liang Guanglie said "all the relevant
parties must be prudent of the South Sea and should work together on that".
"We do not hope to have a negative impact on stability and peace in the
area," he told Bernama on the sidelines of the 10th IISS Asia Security Summit -
The Shangri-La Dialogue, here.
Liang was asked to comment on Malaysia's proposal to set up the SPV to share
economic activities among the claimant countries in the South China Sea, as
suggested by Malaysian Defence Minister Dr Ahmad Zahid Hamidi during the
question-and-answer session at the annual dialogue.
Dr Ahmad Zahid had said the countries could share not only in terms of
equity participation but also in terms of exploration of the natural resources
in the disputed areas.
Liang pointed that when Chinese Premier Wen Jiabao visited Malaysia in
April, both Jiabao and Malaysian Prime Minister Najib Razak had discussed the
issue of overlapping claims in the South China Sea.
"They had a good talk," he said.
Liang said: "I talked about the Chinese stand towards the South Sea and (I
guess) you are aware of it," he said referring to his speech earlier.
He said China was committed to maintaining peace and stability in the South
China Sea.
In 2002, China and the Asean countries signed a declaration on the Code of
Conduct on the South China Sea, which acknowledged the settlement of the
territorial and jurisdictional disputes by peaceful means through friendly
consultation and negotiations by the sovereign states directly involved.
Also in the declaration, Liang said, it was reaffirmed that the freedom of
navigation and overflight in the South China Sea should be respected according
to universally recognised principles of international law.
At present, the general situation in the South China Sea remains stable.
The minister said China had been actively holding dialogues and
consultations with the Asean countries in implementing the declaration.
