China, Vietnam agreed to properly manage differences over South China Sea

Posted on:14 Sep 2016 18:13:17
China, Vietnam agreed to properly manage differences over South China Sea
14 September 2016 Current Affairs: China and Vietnam agreed to properly manage their differences over territorial disputes in the South China Sea and safeguard stability on 13 September 2016. This followed as an international tribunal rejected the Chinese claims over the region on a petition brought before it by the Philippines.

The agreement was reached after talks between Vietnamese Prime Minister Nguyen Xuan Phuc and his Chinese premier Li Keqiang in Beijing. Phuc's visit to China is the first by a top Vietnamese leader after the tribunal verdict on 12 July 2016. The Chinese Prime Minister is known as Premier.

Earlier, China rejected The Hague-based tribunal’s verdict. The tribunal in its ruling had concluded that China does not have legal basis to claim historic rights to the bulk of the Sea. It also said that China does not have the right to resources within its nine-dash line which extends hundreds of miles to the south and east of its island province of Hainan and covers some 90 percent of the disputed waters. The ruling was based on the facts that China had no evidence to prove that it had historically exercised exclusive control over the waters or their resources.

China is now persuading other claimants - Vietnam, Malaysia and Brunei - to settle the disputes bilaterally, without approaching for international arbitration.

As per reports, China and Vietnam have agreed to properly manage maritime differences and further enhance bilateral substantial cooperation.

Besides, the two leaders also saw the signing of agreements on economy and trade, production capacity, infrastructure and education.

 
China and Vietnam agreed to properly manage their differences over territorial disputes in the South China Sea and safeguard stability on 13 September 2016. This followed as an international tribunal rejected the Chinese claims over the region on a petition brought before it by the Philippines.

The agreement was reached after talks between Vietnamese Prime Minister Nguyen Xuan Phuc and his Chinese premier Li Keqiang in Beijing. Phuc's visit to China is the first by a top Vietnamese leader after the tribunal verdict on 12 July 2016. The Chinese Prime Minister is known as Premier.

Earlier, China rejected The Hague-based tribunal’s verdict. The tribunal in its ruling had concluded that China does not have legal basis to claim historic rights to the bulk of the Sea. It also said that China does not have the right to resources within its nine-dash line which extends hundreds of miles to the south and east of its island province of Hainan and covers some 90 percent of the disputed waters. The ruling was based on the facts that China had no evidence to prove that it had historically exercised exclusive control over the waters or their resources.

China is now persuading other claimants - Vietnam, Malaysia and Brunei - to settle the disputes bilaterally, without approaching for international arbitration.

As per reports, China and Vietnam have agreed to properly manage maritime differences and further enhance bilateral substantial cooperation.

Besides, the two leaders also saw the signing of agreements on economy and trade, production capacity, infrastructure and education.

 

Monthly Current Affairs

Fresherslive telegram Group

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs Weekly PDF

Current Affairs Monthly PDF

Current Affairs Quiz

Current Affairs Monthly PDF Hindi

Currentt Affairs 2019 January

23 JANUARY
NEWS
22 JANUARY
NEWS
21 JANUARY
NEWS
20 JANUARY
NEWS

Currentt Affairs 2018 December

31 DECEMBER
NEWS
30 DECEMBER
NEWS
29 DECEMBER
NEWS
28 DECEMBER
NEWS

Currentt Affairs 2018 November

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS