China’s Foreign Minister supports joint energy ventures with the Philippines in the South China Sea
July 31, 2017 Category VIP visits, Weekly
China’s Foreign Minister Wang Yi on a two-day visit to Manila, said he supported the idea of joint energy ventures with the Philippines in the disputed South China Sea, warning that unilateral action could cause problems and damage both sides. The Philippine Energy Ministry said drilling at the Reed Bank, suspended in 2014, might resume before year-end, and the government was preparing to offer new blocks to investors for bidding in December.
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