Philippine President Benigno Aquino III addresses foreign correspondents based in Manila during a forum Wednesday Oct. 23, 2013 in Manila, Philippines. A Filipino-British company has begun talks with ... more 
Philippine President Benigno Aquino III addresses foreign correspondents based in Manila during a forum Wednesday Oct. 23, 2013 in Manila, Philippines. A Filipino-British company has begun talks with China's state-owned offshore oil producer for an oil- and gas-exploration deal in part of the South China Sea where Philippine and Chinese vessels were involved in a confrontation just two and a half years ago. Aquino told foreign correspondents that any such deal with China would have to conform to Philippine laws. The Reed Bank, northwest of the Philippine province of Palawan, lies clearly within the Philippines' exclusive economic zone, Aquino said. (AP Photo/Bullit Marquez) less 
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Associated Press | Photo By Bullit Marquez
Wed, Oct 23, 2013 7:59 AM EDT