Countries in the Asia-Pacific region should avoid taking sides amid intensifying geopolitical tensions, Philippine President Ferdinand R. Marcos, Jr. said on Monday. READ:
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But members of the Association of Southeast Asian Nations and Asia-Pacific Economic Cooperation do not want to return to a “Cold War scenario,” which he said puts the Philippines in a precarious position because it is on the frontline. “That removes us immediately from that idea that you must choose. We choose our friends, we choose our neighbors. That’s the choice that we will make.”
Mr. Marcos also said that he and his Chinese counterpart had discussed the resumption of oil and gas talks between the two countries. China claims more than 80% of the sea, which is believed to contain massive oil and gas deposits and through which billions of dollars in trade passes each year. It has ignored a 2016 ruling by a United Nations-backed arbitration court that voided its claim based on a 1940s map.
“There is a tendency of protectionism because we take care first of our own businesses, we take care first of our own industries, we take care first of our own economy,” he added.
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