It’s good that President Duterte has Harry Roque with him as he seems to have been convinced by China to start the joint exploration in Reed Bank also known as Recto Bank – an undertaking that China had been wanting to do and had been generous with its enticement to the Philippine government.
In an interview with Karen Davila in ANC’s Headstart, Roque, presidential spokesperson, said the cooperation with China will be taking off from “the result of a joint maritime seismic exploration agreement. This will now actually entail joint exploration and possible exploitation of natural resources.”
“We have gone beyond determining if there are resources” and “The only issue is now, is it commercially viable,” he said.
Roque and Davila were talking about the Joint Marine Seismic Undertaking or JMSU entered into by the Philippines, China and Vietnam on March 14, 2005.