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China informed: Time to ‘pay up’ for P800-B in maritime wealth taken from West Philippine Sea

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(Philstar.com) – February 18, 2021 – 10:25am

MANILA, Philippines — Sen. Risa Hontiveros on Thursday renewed her name on China to pay for the injury it induced and the marine wealth it took from the West Philippine Sea which she stated now quantities to P800 billion.

Citing information revealed by worldwide journal Ecosystem Providers final yr, Hontiveros stated the estimated values of reefs destroyed by China in Philippine waters is now as much as P231.7 billion.

“The worth per coral reef was pegged at P18 million, and this quantity was multiplied by 1,850 hectares of reef ecosystems in Panatag and Spratlys which have been broken by China.”

Add to this, she stated, some P644 billion price of looted fish catch since 2014, citing investigative journalist Jarius Bondoc.

“He arrived on the quantity by multiplying the 1.2 million tons of fish which are often caught by Chinese language vessels in Zamora and Panganiban reefs yearly, with Seafdec’s estimated worth per ton of fish catch within the South China Sea at P76,710.”

In an opinion column for The STAR this week, Bondoc stated China has taken as a lot as P9.72 trillion in Philippine maritime wealth.

Citing former International Affairs Secretary Albert del Rosario, Hontiveros famous that the livelihood of 350,000 fisherfolk has been adversely affected because of China’s presence in Philippine waters.

Given all this, for Hontiveros, it’s “[t]ime to pay up” for China. 

“We can not take again the marine assets that China has destroyed within the WPS. Let’s go after what they owe,” the senator stated in a mixture of Filipino and English.

“Allow us to not get used to them all the time being acquitted of their abuses in our nation. They’re already harassing our fishermen, even destroying our pure assets,” she added in Filipino.

Final April, Hontiveros referred to as on China to foot the invoice of the Philippines’ pandemic response by paying reparations for its harmful exercise within the West Philippine Sea. On the time, she positioned the worth of China’s debt at P200 billion. Sen. Richard Gordon issued a similar call two months later.

The Chinese language Embassy within the Philippines referred to as Hontiveros’ calls for “ridiculously absurd and irresponsible.”

However Hontiveros threw the phrase again at them, saying it’s even “extra absurd and irresponsible” that Beijing continued to violate Philippine sovereignty within the area in the course of a worldwide pandemic.

China has lengthy refused to acknowledge an arbitral ruling that invalidated its claims over the resource-rich West Philippine Sea, the a part of the South China Sea throughout the Philippines’ unique financial zone. — Bella Perez-Rubio 

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