Talks on a South China Sea Code of Conduct Will Resume in October
(Bloomberg) -- Talks on the second draft of a maritime code of conduct in the South China Sea between China and Southeast Asian countries is due to begin in October, a senior Thai government official told reporters on Friday.
Speaking on the sidelines of the regional forum in Bangkok, deputy permanent secretary of the Ministry of Foreign Affairs Arthayudh Srisamoot said the two sides would delve into the specifics of the long-awaited pact after agreeing to the "basic principles" in a preliminary draft reading. The conclusion of the preliminary reading was confirmed earlier this week.
"We want the code of conduct to be a document that will instill more confidence in this region" and "follows international laws," Arthayudh said, adding that a final agreement should be in place within three years.
Flare Ups
Still, some of the region's top diplomats this morning expressed "concerns" regarding recent flare ups in the South China Sea and had noted the transit by warships and military equipment in waters could jeopardize possible peaceful resolution of the issue, Arthayudh said.
In Beijing, Foreign Ministry spokeswoman Hua Chunying told reporters that China, along with other countries, had "the will to uphold the peace and stability in this region including the differences and disputes in the South China Sea."
It was clear the code of conduct negotiations were making progress, Hua said on Friday. "In stark contrast, senior officials from the U.S. will every time use every possible means to sow discord between these countries and stir trouble in the South China Sea."
--With assistance from Kevin Hamlin.
To contact the reporters on this story: Natnicha Chuwiruch in Bangkok at nchuwiruch@bloomberg.net;Philip J. Heijmans in Singapore at pheijmans1@bloomberg.net
To contact the editor responsible for this story: Ruth Pollard at rpollard2@bloomberg.net
©2019 Bloomberg L.P.
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.