August 19, 2017, 9:18 pm
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1 Philippine Peso = 0.07443 UAE Dirham
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1 Philippine Peso = 0.91021 Gambian Dalasi
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1 Philippine Peso = 0.1491 Guatemala Quetzal
1 Philippine Peso = 4.14512 Guyana Dollar
1 Philippine Peso = 0.15784 Hong Kong Dollar
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1 Philippine Peso = 1.30521 Indian Rupee
1 Philippine Peso = 23.93595 Iraqi Dinar
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1 Philippine Peso = 18.24078 North Korean Won
1 Philippine Peso = 22.6366 Korean Won
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1 Philippine Peso = 6.364 Kazakhstan Tenge
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1 Philippine Peso = 0.36735 Moldovan Leu
1 Philippine Peso = 1.09972 Macedonian Denar
1 Philippine Peso = 27.52331 Myanmar Kyat
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1 Philippine Peso = 7.25578 Mauritania Ougulya
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1 Philippine Peso = 2.08654 Nepalese Rupee
1 Philippine Peso = 0.02835 New Zealand Dollar
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1 Philippine Peso = 0.02027 Panama Balboa
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1 Philippine Peso = 0.06654 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.11897 Pakistani Rupee
1 Philippine Peso = 0.0753 Polish Zloty
1 Philippine Peso = 112.82935 Paraguayan Guarani
1 Philippine Peso = 0.0738 Qatar Rial
1 Philippine Peso = 0.08196 Romanian New Leu
1 Philippine Peso = 1.14766 Russian Rouble
1 Philippine Peso = 16.61897 Rwanda Franc
1 Philippine Peso = 0.076 Saudi Arabian Riyal
1 Philippine Peso = 0.16004 Solomon Islands Dollar
1 Philippine Peso = 0.26836 Seychelles Rupee
1 Philippine Peso = 0.13498 Sudanese Pound
1 Philippine Peso = 0.17451 Swedish Krona
1 Philippine Peso = 0.02797 Singapore Dollar
1 Philippine Peso = 0.01573 St Helena Pound
1 Philippine Peso = 0.45006 Slovak Koruna
1 Philippine Peso = 152.00649 Sierra Leone Leone
1 Philippine Peso = 11.08634 Somali Shilling
1 Philippine Peso = 435.85326 Sao Tome Dobra
1 Philippine Peso = 0.17678 El Salvador Colon
1 Philippine Peso = 10.43737 Syrian Pound
1 Philippine Peso = 0.26014 Swaziland Lilageni
1 Philippine Peso = 0.6897 Thai Baht
1 Philippine Peso = 0.04917 Tunisian Dinar
1 Philippine Peso = 0.04647 Tongan paʻanga
1 Philippine Peso = 0.0711 Turkish Lira
1 Philippine Peso = 0.13537 Trinidad Tobago Dollar
1 Philippine Peso = 0.61011 Taiwan Dollar
1 Philippine Peso = 45.17633 Tanzanian Shilling
1 Philippine Peso = 0.53223 Ukraine Hryvnia
1 Philippine Peso = 72.78071 Ugandan Shilling
1 Philippine Peso = 0.02027 United States Dollar
1 Philippine Peso = 0.57377 Uruguayan New Peso
1 Philippine Peso = 77.82732 Uzbekistan Sum
1 Philippine Peso = 0.20216 Venezuelan Bolivar
1 Philippine Peso = 459.54601 Vietnam Dong
1 Philippine Peso = 2.18241 Vanuatu Vatu
1 Philippine Peso = 0.05201 Samoa Tala
1 Philippine Peso = 11.77483 CFA Franc (BEAC)
1 Philippine Peso = 0.05472 East Caribbean Dollar
1 Philippine Peso = 11.82205 CFA Franc (BCEAO)
1 Philippine Peso = 2.13174 Pacific Franc
1 Philippine Peso = 5.06546 Yemen Riyal
1 Philippine Peso = 0.25921 South African Rand
1 Philippine Peso = 105.17835 Zambian Kwacha
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A COC that would legitimize China’s artificial islands

Chinese Foreign Minister Wang Yi said yesterday that he and the 10 foreign ministers of the Association of Southeast Asian Nations approved the framework for Code of Conduct in the South China Sea.

It’s just a framework; nevertheless, a major step towards an agreement on the vast body of water disputed by China, Philippine, Vietnam, Malaysia, Brunei and Taiwan.

The substance of that framework will be discussed in the coming months, Wang said.

“Regarding what kind of COC will be produced, that is up to the discussion by the 11 parties, China and ASEAN countries. We don’t want to prejudge the result of that negotiation. Actually on some issues, the 10 ASEAN countries they don’t have a consensus yet on some of the issues. But one thing is clear, whether it is the 2002 DOC or the future COC all the 11 countries, once they put their signatures on the document, that’s what they will do. And they need to observe the document,” he said.

The nitty-gritty of the COC would be crucial. But it can be said that China would be negotiating from a position of strength.

The draft framework that VERA Files has obtained specified that it would be “not an instrument to settle territorial disputes or maritime delimitation issues.”

Under basic undertaking, there will be a section on “Self - restraint / Promotion of trust and confidence.”

This is something to watch out because in the 2002 Declaration of the Code of Conduct in the South China Sea, the provision was for the signatories to “refrain from action of inhabiting on the presently uninhabited islands, reefs, shoals, cays, and other features…”

It was a most violated provision as all the parties engaged in performed activities in their occupied features.

But the most massive developments were by China in the construction in seven features that they occupy. Rocks and reefs were transformed into artificial islands with military-like installations complete with runways.

The question is how the negotiators for the COC will treat those developments. Will the situation as of 2017 be the starting point of the negotiations?

It looks like that would be the position of the Philippines. Foreign Secretary Alan Peter Cayetano said in his press conference over a week ago indicated that he and Wang Yi are in agreement “not to occupy new areas” in the disputed parts of the South China Sea.

That means they would do the realistic and practical thing and not call for the dismantling of structures built in the last 15 years in the disputed features in the Spratlys.

That would be a big win for China. Might is Right.

***

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