In summer 2016, the Permanent Court of Arbitration in The Hague’s rule in terms of China and the Philippines’ territorial disputes in the South China Sea caught worldwide attention. [59] According to the US Energy Information Administration (EIA)'s profile of the South China Sea region, a US Geological Survey estimate puts the region's discovered and undiscovered oil reserves at 11 billion barrels, as opposed to a PRC figure of 125 billion barrels. [84], Although Indonesia is not part of claims in the South China Sea dispute, after Joko Widodo became President of the country in 2014, he instituted a policy in 2015 that, if any foreign fishermen were caught illegally fishing in Indonesian waters, their vessels would be destroyed. Even the French and Vietnamese could not be bothered to take advantage of the lapse in Chinese control, as they were preoccupied with the rapidly escalating war in Vietnam. China's sovereign rights and positions are formed in the course of history and this position has been held by Chinese Government for long. [28] The United States officially addressed the South China Sea dispute for the first time in 1995, when its statement focused on the peaceful resolution of disputes, peace and stability, freedom of navigation, neutrality over the question of sovereignty and respect of maritime norms. Finally! Territorial claims over South China Sea Nevertheless, China’s sinking of the Vietnamese fishing vessel in a part of the South China Sea claimed by … On the basis of this China is ready to engage in peaceful negotiations and friendly consultations to peacefully solve the disputes over territorial sovereignty and maritime rights so as to positively contribute to peace and tranquillity in the South China Sea area. The South China Sea dispute is ostensibly over jurisdiction and sovereignty of islands, reefs and Exclusive Economic Zones (EEZs) in South China Sea. [52], From 2013 to the beginning of 2018, China carried out land reclamation in the South China Sea. [44][46], In Spring 2010, PRC officials reportedly communicated to US officials that the South China Sea was "an area of 'core interest' that is as non-negotiable" and on par with Taiwan and Tibet on the national agenda. Although China has acknowledged Indonesia's sovereignty over the Natuna islands,[111] the PRC has argued that the waters around the Natuna islands are Chinese "traditional fishing grounds". To break from this, the Philippines and China agreed to a Memorandum of Understanding (MoU) on Cooperation on Oil and Gas Development in November 2018, where joint-use of, and not ownership over assets underlies the agreement. [14] There are several disputes, each of which involves a different collection of countries: Legend: The Indian Navy further clarified that "[t]here was no confrontation involving the INS Airavat. [38] Some of the early drafts acknowledged aspects such as "marine environmental protection, scientific research, safety of navigation and communication, search and rescue and combating transnational crime", although the issue of oil and natural gas drilling remains unresolved. [26] Two years later the North Vietnamese government claimed that the People's Republic of China is the lawful claimant of the islands, while South Vietnam took control of the Paracel Islands. [74] It began operation on 9 May 2012 in the South China Sea, 320 kilometres (200 mi) southeast of Hong Kong, at a depth of 1,500 m and employing 160 people. [107], India says that the South China Sea was "part of global commons and India has an abiding interest in peace and stability in the region... We firmly stand for the freedom of navigation and overflight and unimpeded lawful commerce in these international waterways, in accordance with international law, notably UNCLOS." 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