Marcos eyeing govt-to-govt agreement with China in West Philippine Sea joint exploration - BusinessMirror

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Marcos eyeing govt-to-govt agreement with China in West Philippine Sea joint exploration - BusinessMirror
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President Ferdinand “Bongbong” R. Marcos, Jr. said he is now exploring an alternative to a G2G agreement with China to push through the long-stalled plans for a joint oil exploration in the WPS with the Asian giant. Know more:

PRESIDENT Ferdinand “Bongbong” R. Marcos, Jr. said he is now exploring an alternative to a government-to-government agreement with China to push through the long-stalled plans for a joint oil exploration in the West Philippine Sea with the Asian giant.

“So we are saying, the Philippines should be followed [in the terms of the exploration], while the Chinese said it should be them. So that is the roadblock,” Marcos told reporters in Filipino in an interview. The issue prompted former President Rodrigo R. Duterte to scrap the joint oil exploration talks last June with China upon the recommendation of the Department of Foreign Affairs .

Under the 1987 Constitution, the Philippine government should have full control of exploration, development and use of natural resources.“I think there might be other ways so it will not have to be G2G or I don’t know. We’ll have to find a way because we really need it,” Marcos said.

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