The Philippines is pushing for a meeting among four Southeast Asian nations with conflicting claims to waters in the South China Sea so that they can hammer out a common stand in dealings with China, Manila’s foreign minister said on Friday.
Manila is waging a territorial dispute with China over the Spratlys and the Scarborough Shoal in the South China Sea, an area believed to be rich in oil and natural gas deposits as well as fisheries resources.
Brunei, Malaysia, Vietnam and Taiwan also have claims in the sea, which is traversed each year by ship-borne trade worth about $5 trillion.
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Manuel Mogato, Reuters via CHINA US Focus http://ift.tt/1lcg3mp
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