Thursday 20 September 2018
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1 months ago

Cayetano to sign framework deal with China for joint exploration

Foreign Secretary Alan Peter Cayetano intends to sign next month a framework agreement with China for joint exploration for oil and natural gas in the West Philippine Sea. West Philippine Sea is the local name of the waters within the Philippines 370-kilometer exclusive economic zone in the South China Sea. Speaking to reporters late on Wednesday, Cayetano said he hoped to sign a joint exploration agreement during his visit to Beijing in September, his third since coming to office two years ago.

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