A Filipino soldier patrols at the shore of Pagasa island (Thitu Island) in the Spratly group of islands in the South China Sea, west of Palawan, Philippines, May 11, 2015. REUTERS/Ritchie B. Tongo/Pool - RTX1CK5L
MANILA (Reuters) - The Philippines may consider two-way talks with China to resolve a territorial dispute in the South China Sea but only if it wins its case with Beijing at an arbitration tribunal in The Hague, Manila's foreign minister said on Friday.
China claims almost the entire South China Sea, believed to have huge deposits of oil and gas. Brunei, Malaysia, Vietnam, the Philippines and Taiwan also claim the waterways where about $5 trillion of ship-borne goods passes annually.
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