Friday, May 9, 2014

THE WALL STREET JOURNAL quoted me on South China Sea

India to China, Vietnam: Everyone Please Stay Calm

 By Saurabh Chaturvedi, 8:04 pm IST, May 9, 2014

India waded into troubled diplomatic waters on Friday–the tense standoff between China and Vietnam over a drilling rig in the South China Sea.

China has deployed an oil rig in a disputed area, and the two sides have massed ships nearby. Officials from both Vietnam and China allege its vessels have been rammed by the other’s.

For New Delhi, it offers an opportunity to present itself as a regional voice of reason. “We would like to see resolution of the issue through peaceful means in accordance with universally recognized principles of international law,” said Syed Akbaruddin, spokesman for India’s foreign ministry.

“We have been following with concern recent developments,” he said. “We believe that maintenance of peace, stability, growth and prosperity in the region is of vital interest to the international community.”

India has its own vital interests, too: It holds an oil- and gas-exploration right of its own in the very same neighbourhood.

India’s state-owned Oil & Natural Gas Corp. is exploring a block acquired from Vietnam. It relinquished an adjacent block in 2011 after it failed to find oil or gas in the area.

China claims sovereignty over most of the South China Sea where the block operated by India is located, and China has warned the Indian company not to drill in the region.

While the standoff right now is between China and Vietnam, the world is watching. About 55% of India’s trade with the Asia Pacific happens through the South China Sea. “The importance of the route is going to rise further, as India looks strengthen its trade ties with East and Southeast Asia and the Arctic,”  said Amit Singh of the New Delhi-based National Maritime Foundation.

Mr. Akbaruddin of the Indian foreign ministry said in his statement that freedom of navigation in the sea shouldn’t be impeded.

Seven countries, including China and Vietnam, have maritime and island claims in the South China Sea. In addition to being important to global trade routes, the waters are estimated to be rich in oil and natural-gas deposits, as well as abundant seafood.

U.S. State Department spokeswoman Jen Psaki said on Thursday that the U.S. doesn’t take a position on the relative merits of any country’s claim in the area. She called the decision by China to introduce its oil rig into the disputed waters “dangerous conduct,” adding that “intimidation by its vessels is concerning and certainly is representative of provocative actions.”
Tension has been rising in recent days between Vietnam and China after China parked a giant oil rig in the disputed waters off Vietnam. The rig, China’s most modern, has been deployed by a state-owned oil company off the contested Paracel Islands over Hanoi’s objections.

Vietnam’s coast guard has sought to obstruct the rig’s work. A Chinese Foreign Ministry official demanded on Thursday that Vietnam withdraw its ships.

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