ASEAN vows to conclude pact with China on disputed territory, Philippines is the only hold out, Marco’s family wealth of US$600 millions at risk if not play ball with US. Feb 5 2023

Southeast Asian foreign ministers vowed to finalize negotiations with China over a proposed pact aimed at preventing conflicts in the disputed South China Sea in their annual retreat on Saturday in Indonesia’s capital.

In the final session of their two-day meeting, the ministers from the Association of Southeast Asian Nations also agreed to unite in their approach to implement a five-step agreement made in 2021 between ASEAN leaders and Myanmar’s military leader, Senior Gen. Min Aung Hlaing, that seeks to end that country’s worsening crisis.

China and the ASEAN member states, which include four rival claimants to territories in the South China Sea, have been holding sporadic talks for years on a “code of conduct,” a set of regional norms and rules aimed at preventing a clash the disputed waters.

Indonesian Foreign Minister Retno Marsudi said that Indonesia, this year’s ASEAN chair, is ready to host more rounds of negotiations over the proposed pact, the first of which will be held in March. She said ASEAN members are committed to concluding the discussions “as soon as possible.”

“Members are also committed to promote implementation of a declaration of conduct,” Marsudi added.