Manila willing to share South China Sea

Good sport: The Philippines has stated that it is willing to share resources with China if the nation wins a legal challenge next week. — Reuters

MANILA: The Philippines is willing to share natural resources with Beijing in contested South China Sea areas even if it wins a legal challenge next week, Foreign Secretary Perfecto Yasay said.

Yasay said yesterday President Rodrigo Duterte’s administration hoped to quickly begin direct talks with China following Tuesday’s verdict, with the negotiations to cover jointly exploiting natural gas reserves and fishing grounds within the Philippines’ exclusive economic zone.