Ho Chi Minh Suzuki Real Estate News Column

Vietnam, ASEAN and China on South China Sea sovereignty talks held

Vietnam, ASEAN and China on South China Sea sovereignty talks held

History of the South China Sea territorial dispute

Regarding the issue of territorial disputes in the South China Sea, the Association of Southeast Asian Nations (ASEAN) and China have been developing the South China Sea Code of Conduct (COC) as a mechanism to prevent conflict. Although ASEAN and China agreed on the DOC the Declaration on the Conduct in 2002, China's expansion into the ocean is expanding year by year, and a more legally binding Code of Conduct (COC) is being formulated. I decided to aim for.

ASEAN-China Senior Executive Board Meeting on DOC of South China Sea Action Held in China

On May 17th and 18th, in Hangzhou, China, 10 ASEAN countries and China held the 17th ASEAN-China Senior Executive Board Meeting on the Implementation of DOC.

Vietnam's Foreign Minister Nguyen Quoc Dung avoided mentioning difficult South China Sea issues and urged both ASEAN and China to work on the South China Sea Code of Conduct (COC). We called on all Parties to fully implement the South China Sea Parties Declaration (DOC) and not to militarize and complicate the situation.

Vietnam's Foreign Minister Dung expressed concern about the occupation of the South China Sea by militarization, contrary to the United Nations Convention on the Law of the Sea, UNCLOS. He said military control would affect the maintenance of peace and stability in the region and COC negotiations.

Participants attending the conference emphasized the importance of complying with the DOC for safety, freedom of navigation and ensuring air defense at sea. Vietnam's Foreign Minister Dung urged ASEAN and China to develop an effective code of conduct for COC in line with international law, including UNCLOS.

China Sea Code of Conduct COC Formulation

This time, we covered Vietnam's coverage, but in November last year, the Chinese side also announced that it would formulate a COC over the next three years. Mr. Lee said that he hopes that the COC will contribute to "free trade" while maintaining peace and stability in the South China Sea by formulating a COC, keeping in mind the Trump administration, which is increasing trade pressure.

United Nations Convention on the Law of the Sea (UNCLOS)
Convention aimed at establishing a comprehensive and general order on the law of the sea
Establishes a comprehensive system of law of the sea to resolve international disputes such as territorial waters and contiguous waters, international straits, archipelagic waters, exclusive economic zones, and landlocked nations' right to enter and leave the ocean.

 

Investment in Vietnam is Ho Chi Minh Suzuki Real Estate

We support rental and purchase of condominiums, offices and investment real estate, mainly in Ho Chi Minh, Vietnam.

Our strength is to provide buyers with accurate and accurate information in a timely manner.

This website introduces the latest news articles on real estate, economy, travel, and events related to Vietnam.
Based on my experience as a consultant in Hong Kong, the article also introduces real estate, management, accounting, tax, and labor affairs.
If you like, please take a look.

Scroll up