Philippines’ Marcos says China oil talks have ‘moved forward’ despite South China Sea row

AI Summary

Philippine President Ferdinand Marcos Jr. announced progress in talks with China over joint oil and gas exploration despite ongoing South China Sea territorial tensions. A provisional understanding has been reached on resupply missions for BRP Sierra Madre at Second Thomas Shoal.

Philippine President Ferdinand Marcos Jnr on Friday said talks with China on joint oil and gas exploration had “moved forward” – signalling hopes of a deal before he leaves office in the mid-2028, despite ongoing tensions in the South China Sea. Marcos also confirmed for the first time a “provisional understanding” with Beijing over resupply missions to the BRP Sierra Madre at Second Thomas Shoal, although he insisted this did not mean Manila was seeking China’s permission or surrendering...