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China, ASEAN Agree On Draft South China Sea Code Of Conduct

China, ASEAN Agree On Draft South China Sea Code Of Conduct

At Thursday's meeting, foreign ministers of the ASEAN member states as well as ministers of the observer countries, including Iran, Russia, China, and India, are scheduled to discuss the latest regional and global developments during the 51st session of the 10-nation bloc.

"As long as the joint development complies with the Philippine Constitution and there is no waiver of our sovereign rights under the arbitral ruling, I have no objection", he said on Thursday (July 2).

Malaysian Foreign Minister Saifuddin Abdullah also warned that Southeast Asia would suffer from a devastating trade war.

Southeast Asian nations are expected to welcome an initial negotiating draft of a nonaggression pact with China on the South China Sea, but critics warn that the protracted talks provide a diplomatic cover for Beijing's tenacious aggression in the disputed waters.

Pompeo said the engagement has created hundreds of thousands of jobs on both sides of the Pacific.

"The US is a Pacific nation and we remain committed to Asean centrality under our Indo-Pacific strategy", Pompeo said.

From the economic point of view, the total investment between China and Asean totaled until the end of May over 200 billion dollars, of which Chinese enterprises injected 86 billion 500 million dollars in the nations of Southeast Asia, according to official data.

Asean's key partners also sought to address members' concerns at meetings, as they underlined their commitment to Asean centrality.

"We believe that without any disturbances from the outside, COC [code of conduct] consultations will accelerate", Wang said.

Earlier this week, Pompeo unveiled $113 million in new USA investment to support technology, energy and infrastructure in the Indo-Pacific, widely seen as a step to counter China's increased regional economic engagement through President Xi Jinping's multibillion-dollar "One Belt, One Road" cross-border infrastructure initiative.

Wang made the remarks at the China-ASEAN foreign ministers' meeting. Hyperplay, ASEANs first-ever e-sports and music festival will be held in Singapore this weekend.

Saifuddin said Asean-US cooperation in regional and worldwide issues, and on traditional and non-traditional challenges, have continued to deepen to cover a myriad of issues including terrorism, cyber security, climate change, irregular migrants and maritime matters.

These span a range of areas including terrorism, cyber security, climate change, irregular migrants and maritime matters.

China's armed forces celebrated their 91st anniversary of its founding on Monday and, in that stretch of time, the People's Liberation Army has evolved from a communist guerrilla force to a modern military giant.

Mr Pompeo also called on Prime Minister Lee Hsien Loong.

She also questioned Duterte's independent foreign policy which was turning out as a sham policy meant to benefit China.