Hong Kong’s Ming Pao reports: Philippine President Benigno Aquino III says that the tension between the Philippines and China over Scarborough Shoal (called Huangyan Island in China) will soon be resolved.
The report by the Drum of the Philippines Broadcasting Net says that Aquino III has not disclosed the specific measures for resolving current tension between the two countries.
In addition, Aquino hints that it is perhaps not necessary now to submit the Huangyan Island issue to the International Tribunal for the Law of the Sea.
In an interview with the responsible person of a Chinese website, Philippines Vice President Binay expressed his view on the Huangyan Island issue and Sino-Philippine relations.
Binay said, “Yes, the territorial issue cannot be resolved even in 10 years. The best way is for the Philippines and China to conduct joint development in the disputed territories and share the proceeds equally and to boost the relations between the (two) governments through developing non-governmental cooperation in various ways.”
Mandanas, Deputy Speaker of Philippine House of Representatives, said in a meeting with Binay, “This shall be the dialogue between China and the Philippines and no third party shall be involved.”
Besides, Binay said, “The Philippines has so many minerals that also need foreign investment and the best potential investor is China. Like Australia, we can ask China to carry out the exploitation of most of our minerals.”
The “Huangyan Island incident” has lasted for more than one month. Over the past few days, “banana” and “tourist” become the major topics for Philippine local media and more and more Filipinos have begun to be concerned about the impact of the incident on Sino-Philippine relations and Philippine economic development.
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