Xi says China is ready to resume oil and gas exploration talks with the Philippines.
Exploration would take place in undisputed territories. Marcos' predecessor, Rodrigo Duterte, had halted negotiations on joint oil and gas exploration.
BEIJING, January 4 (Sputnik) - Chinese President Xi Jinping told his Filipino counterpart, Ferdinand Marcos, on Wednesday (4) that Beijing is ready to restart negotiations with the nation on joint offshore oil and gas exploration.
"China is ready to continue friendly consultations with the Philippines to resolve maritime disputes and resume negotiations on oil and gas exploration and strengthen cooperation in oil and gas production in undisputed territories," Xi told Chinese state television.
President Marcos flew to Beijing on Tuesday (3) for a three-day visit, more than six months after his predecessor, Rodrigo Duterte, halted negotiations on joint oil and gas exploration in June. The two nations are at odds over rival territorial claims in the South China Sea.
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