Manila's Aquino: Agrees with Obama on peaceful territorial dispute settlement

MANILA (Reuters) - Philippine President Benigno Aquino said on Monday he agreed with U.S. President Barack Obama that territorial disputes should be settled peacefully, after bilateral talks at the presidential palace in Manila. The Philippines has sought international arbitration over China's "nine-dash-line" claims to about 90 percent of the South China Sea, an important shipping route that is believed to be rich in energy resources. Apart from the Philippines, Beijing's territorial claims overlap with that of Brunei, Malaysia, Vietnam and Taiwan. ... Read More http://ift.tt/1hHXtjq