International
0

Taiwan Offers S. China Sea Peace Plan

Taiwan Offers S. China Sea Peace Plan
Taiwan Offers S. China Sea Peace Plan

Taiwan proposed a peace initiative on Tuesday to resolve territorial disputes in the South China Sea that it says will reduce tensions that have put Beijing at odds with its neighbors and the United States.

The South China Sea Peace Initiative announced by President Ma Ying-jeou called on claimants to temporarily shelve their disagreements to enable negotiations on sharing resources, Reuters reported.

“We believe Chinese people on both sides of the Strait have a duty to jointly protect China’s territorial sovereignty and maritime rights and interests and safeguard the stability of the South China Sea region,” said Hua Chunying, a spokeswoman for China’s foreign ministry, when asked about the plan on Tuesday.

Ma’s plan is similar to a 2012 proposal for the East China Sea, which allowed Taiwan and Japan to jointly fish in the contested waters. However it appeared unlikely the plan would be accepted by China, which claims most of the sea and has rebuffed earlier attempts at multilateral negotiations.

Taiwan has so far played a marginal role in disputes between China and its neighbors in the South China Sea, through which $5 trillion in ship-borne trade passes every year.

China, the Philippines, Vietnam, Malaysia, Taiwan and Brunei all have overlapping claims in the South China Sea. China said on Monday it had lodged a complaint with the United States over a US spy plane that flew over parts of the disputed sea. Meanwhile, China outlined a strategy to boost its naval reach on Tuesday and held a groundbreaking ceremony for two lighthouses in disputed waters.

In a policy document issued by the state council, China vowed to increase its “open seas protection,” switching from air defense to both offense and defense, and criticized neighbors who take “provocative actions” on its reefs and islands.

 

Financialtribune.com