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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

The Philippines accuses China of intruding into its waters

National flags are placed outside a room where Philippine Finance Secretary Carlos Dominguez and China's Commerce Minister Gao Hucheng address reporters after their meeting in Beijing, China, January 23, 2017. REUTERS/Damir Sagolj
National flags are placed outside a room where Philippine Finance Secretary Carlos Dominguez and Chi... National flags are placed outside a room where Philippine Finance Secretary Carlos Dominguez and China's Commerce Minister Gao Hucheng address reporters after their meeting in Beijing, China, January 23, 2017. REUTERS/Damir Sagolj
National flags are placed outside a room where Philippine Finance Secretary Carlos Dominguez and China's Commerce Minister Gao Hucheng address reporters after their meeting in Beijing, China, January 23, 2017. REUTERS/Damir Sagolj
National flags are placed outside a room where Philippine Finance Secretary Carlos Dominguez and Chi... National flags are placed outside a room where Philippine Finance Secretary Carlos Dominguez and China's Commerce Minister Gao Hucheng address reporters after their meeting in Beijing, China, January 23, 2017. REUTERS/Damir Sagolj

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The Philippines accuses China of intruding into its waters. Following an altercation involving the armed warships of the two nations near a disputed shoal in the South China Sea earlier this week, the Philippine foreign ministry accused China on Thursday of invading its seas.

The Chinese military’s allegation that a Philippine naval ship “illegally entered” seas close to Scarborough Shoal “has no legal basis and only serves to raise tensions” in the disputed waterway, according to the Department of Foreign Affairs (DFA).

China is the one encroaching into the Philippine Sea, according to a statement from the foreign ministry. China and the Philippines claim Scarborough Shoal, although sovereignty over it has never been proven, and Beijing has effectively controlled it since taking it from Manila in 2012. The shoal, known as “Bajo de Masinloc” by the DFA, is considered within the Philippines’ exclusive economic zone, and the nation is sovereignly entitled to control it.

“The Philippines has consistently demanded that Chinese vessels in Bajo de Masinloc leave the area immediately,” according to the foreign ministry.

The shoal, which is 200 kilometers (124 miles) off the coast of the Philippines, was included in a claim Manila made to an international arbitration tribunal. China has refused to acknowledge the court’s 2016 decision that Beijing’s share of 90% of the South China Sea was unfounded under international law.

The PCA’s ruling in the Philippines’ case has emphasized the importance of upholding international law, notably UNCLOS. It establishes a standard for settling comparable conflicts amicably and under-based legal systems.

Natural resources abound in the South China Sea, including abundant fisheries and perhaps enormous oil and gas deposits. The countries’ economic interests are directly impacted by the territorial dispute, which influences their ability to access these resources.

The South China Sea territorial dispute between China and the Philippines is a complicated, multidimensional problem with wide-ranging effects. An extensive synopsis of the underlying history, current conflicts, international arbitration, and regional ramifications is given in this article. The problem is still a source of worry and attention worldwide as it develops.


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