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NewsTranscript
00:00 In the midst of the tension in the West Philippine Sea, President Bongbong Marcos is hoping that the Code of Conduct will be formed between China and ASEAN.
00:09 But if the Prime Minister of Singapore admits, the talks will take a long time.
00:14 Watch Ian Cruz.
00:16 Aside from the official welcome of Australian Prime Minister Anthony Albanese,
00:25 the actual ceremony was also attended by the people who attended the ASEAN-Australia Special Summit here in Melbourne, including President Bongbong Marcos.
00:36 At the Prime Minister's reception, which was also attended by the President and First Lady Liza Araneta Marcos,
00:44 Albanese also gave the far-reaching welcome of the Australian and ASEAN partners who celebrated the 50th anniversary of being dialogue partners.
00:54 At the same time, the two countries grew in size and Australia's $100 billion investment in ASEAN.
01:01 They also support ASEAN in facing climate change and security in the region.
01:07 In terms of security, the President is hoping that there will be a Code of Conduct in the South China Sea.
01:22 Our adherence to the 2002 ASEAN-China Declaration on the Conduct of Parties in the South China Sea remains steadfast.
01:30 A conducive environment where tensions are effectively managed is crucial to the success of the COC negotiations.
01:40 We shall never surrender even a square inch of our territory and our maritime jurisdiction.
01:49 The Prime Minister's press conference on the creation of the Code of Conduct was also attended by Singapore Prime Minister Lee Hsien Loong.
01:57 The negotiations have been underway. They are taking some time.
02:02 They have reached the point of a first complete read-through of the Code of Conduct.
02:08 But to negotiate and to settle the Code, I believe, will take some time.
02:15 Our position on China remains very consistent, which is that we want to cooperate where we can.
02:22 We'll disagree where we must, but we will always engage in our national interest.
02:29 On the last day of the Special Summit tomorrow, various maritime issues, cooperation and climate change issues are expected to be discussed at the Leaders' Plenary.
02:41 From Melbourne, Australia, for GMA Integrated News, I'm Ian Cruz, your witness.
02:47 Kapuso, let's be witnesses together!
02:50 Subscribe to GMA Integrated News on YouTube.
02:53 And for Kapuso Abroad, join us on GMA Pinoy TV and www.gmanews.tv.
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