The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) said it supports President Ferdinand Marcos Jr.’s move to resume talks on joint oil and gas exploration in the West Philippine Sea, saying the initiative reflects a “mature and pragmatic” approach to balancing territorial concerns with economic cooperation.
In a statement, FFCCCII president Victor Lim said the move comes at a time of heightened geopolitical tensions and volatile global energy markets, emphasizing the importance of balancing territorial concerns with economic cooperation.
“We firmly believe that practical cooperation in energy security offers a viable pathway to securing a stable, affordable and sustainable energy future.” Lim said.
The group also called on all stakeholders to support the President’s approach, saying it is a means to foster national stability and economic resiliency amid uncertain global conditions.
