President Benigno Aquino III said that the country will pursue a win-win situation with China within the claims with both countries regarding Panatag (Scarborough) Shoal.
Aquino told the business forum of the Joint Alumni Clubs of US Universities last Wednesday that, “We have not stopped having communication with them in trying to look for a win-win situation.”
However, while the country intends to look for a win-win scenario for both parties, Aquino mentioned that he would still keep track of upholding and enforcing the laws.
“If it’s clear that we have a 200-mile exclusive economic zone designated by the United Nations Convention on the Law of the Sea (UNCLOS), and both of us are parties to it, is it too much to ask that our rights are respected by our neighbors, in the same token that we respect their rights?” he asked.
With determination, Aquino also claimed that he is not going to give up any areas that belong to the country.
“I am not empowered to give up any of our territory,” he said.
Aquino added that the authority intends to handle the matter diplomatically.
“We do not want to present a threat to them in any shape, manner, or form in terms of military action,” he added.
On the other hand, Albert del Rosario the Secretary of Foreign Affairs, revealed that the Philippines has more investments in China than China has in the Philippines.
He stated that the Philippine investments in China amounts to nearly $3 billion as against to China’s investments in the Philippines which is approximately less than a billion and a half ($1.5).
Last Wednesday, Del Rosario told the Makati Business Club and the Management Association of the Philippines that, “We benefit from our relations with China just as China benefits from its relationships with us.”
Del Rosario also mentioned that China, in which is considered the Philippines’ 3rd largest trading partner, signed a memorandum of agreement during President Aquino’s state visit last year that both countries would work towards accomplishing $60 billion in 2-way trade within a 5-year period and 2 million inward visitors within 5 years.
“It was also agreed upon that the bilateral agenda would be moved forward in the most positive way, while the areas of contention such as the West Philippine Sea would be abstracted and dealt with separately,” he added.
Having the fact that Chinese investments in the country is only half of Philippine investments in China, Del Rosario then said that Filipino businessmen will not be discouraged from investing in their country despite the recent activities and happenings taken by the Chinese travel agencies suspending tour packages to the Philippines as tensions over the borderline of the islands in the West Philippine Sea (South China Sea) increased.
Also, China possessed Philippine fruit exports suspected of carrying pests amid a tense argument between the two countries over Panatag Shoal.
“I don’t think that we should be discouraging our businessmen from investing in China. It’s a good thing if they see how we do it here but what we’re trying to do is at least equalize the amount of investments that go out and we’re hoping that more Chinese investors will take an interest in the Philippines,” Del Rosario said.
“We’d like to believe it’s not,” Del Rosario replied when he was asked if the suspension of tour packages to the Philippines, the reduction in flights, and the possession of Philippine bananas are forms of pressure by China among the maritime argument between Philippines.
“We’d like to believe it’s a technical issue,” he added.
If China continues to exert economic pressure to the Philippines such as blocking bananas and canceling tour packages, then, the lawmakers said and warned that the economy of the Philippines would be in danger.
Ang Kasangga party-list Rep. Teodorico Haresco and Iloilo Rep. Jerry Treñas said the suspension of tour packages and the controls on fruit importations is “China’s subtle warning versus Philippine on its vast economic arsenal.”
Also, they urged that the Department of Foreign Affairs (DFA) should step up efforts in paving the way for the creation of a joint Philippine-China study commission, which would focus on finding mutually acceptable solutions to end the dispute in the Spratlys.
“The decision of Chinese travel agencies to suspend travel to the Philippines could be China’s subtle warning that it does not even need its military to bring widespread economic destruction in the country,” Haresco said.
He warned the suspension of tour packages to the country by Chinese travel agencies “could be the beginning of a larger and more sustained campaign to remind the Philippines and even the US that its economic arsenal is as devastating as its three-million strong People’s Liberation Army.”
Also, he added that the effect of the travel suspension would already deny the economy millions of dollars in potential tourism revenues and warned that Beijing might even go further by obliging a ban on Filipino overseas workers, including those working in Hong Kong and Macau.
Haresco said that the only way to fix the problem in the Spratlys is through direct mutual dialogue with China without discounting the possibility of entering into a joint exploration arrangement in the areas claimed by the Philippines.
While the United States will always remain a valuable supporter to the Philippines, bragging Washington into the Spratlys argument “will do more harm than good” as this is being viewed as an indirect needling by Beijing.
On the other hand, Malacañang, restated that the presence of a US submarine in Subic had nothing to do with the Philippines’ disagreement with China over the disputed Panatag shoal.
Edwin Lacierda, Presidential spokesman, illiterates that the US government made a request last April 3, 2012, days before the April 10 standoff saying that they be allowed to dock their submarine in the area.
“And so it (US request) was addressed to the Department of National Defense and the DND gave its approval on April 24. So, I don’t need to answer or respond to the statements made by the Left,” Lacierda explicated.
Earlier, security officials revealed the visit of submarine USS North Carolina (SSN-777) in Subic was a routine port call scheduled last April 3, before the standoff between Philippine and Chinese vessels in Panatag shoal started. The US attack submarine rose last Sunday in Subic Bay.
The Communist Party of the Philippines (CPP) said the visit of a US submarine in Subic violated the country’s sovereignty.
In a statement, the CPP said the US is using the entire Philippines as a vast military base where it could dock its ships, land its fighter jets, fly its drones, conduct repairs and replenish supplies.
Filipino protesters led by former military rebel Nicanor Faeldon said they are planning to sail to Panatag as a show of support.
“They want to protest against the aggression being committed by China against our country, Faeldon’s spokesman kit guerrero said.
He said at least two fishing vessels carrying faeldon’s group were expected to arrive at the shoal later on Friday.
“They are intending to stay there at least three days and fish, if they are not prevented from doing so, Guerrero said, adding that planting a Philippine flag on the rock was also an option.
Fishermen from Batanes, Faeldon’s home province, along with fishermen from Masinloc, Zambales would be joining Faeldon to fish in Panatag that China has included in its declared fishing holiday.
The Philippines has reminded China that the West Philippine Sea is not the sum total of their bilateral relations.
The Philippines remains a safe and a welcoming country even as tensions over the disputed islands escalated.
Stay on the line
China has demanded manila not take measures in the political and legal aspects, saying it will worsen and complicate the situation.
Chinese foreign ministry spokesperson Hong Lei said last Monday in a press conference in Beijing that the Philippines should adhere to “diplomatic negotiations” to resolve the standoff.
“In particular, diplomatic negotiations should be adhered to in resolving the current situation, rather than continuing to incite public opinion and send contradictory messages,” Hong said.