BANGKOK, July 31 -- The foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Wednesday welcomed the efforts and progress made by the bloc members and China in negotiations on the Code of Conduct (COC) in the South China Sea.
At the China-ASEAN foreign ministers' meeting here, Chinese State Councilor and Foreign Minister Wang Yi said China and ASEAN countries have finished the first reading of the COC Single Draft Negotiating Text ahead of schedule.
"It marks new, major progress in the COC consultations and an important step toward the goal of concluding the consultations within three years' time," said the Chinese top diplomat.
In a joint communique of the ASEAN foreign ministers' meeting which was released on Wednesday, the 10 ministers "warmly welcomed the continued improving cooperation between ASEAN and China, and were encouraged by the progress of the substantive negotiations towards the early conclusion of an effective and substantive COC in the South China Sea within a mutually-agreed timeline."
They also welcomed the efforts to complete the first reading of the Single Draft Negotiating Text of the COC by this year, the joint communique read.
The foreign ministers also recognized the benefits of having the South China Sea as a sea of peace, stability and prosperity.
They emphasized the need to maintain and promote an environment conducive to the COC negotiations and thus welcomed practical measures that could reduce tensions and the risk of accidents, misunderstandings and miscalculation, the joint communique added.
The Declaration on the Conduct of Parties in the South China Sea (DOC), signed by China and ASEAN countries in 2002, outlines the most important principles in the management of disputes on the South China Sea. Consultations for the COC were launched by the two sides in 2013. Both are aimed at safeguarding peace and stability in the region.
ASEAN, established in 1967, groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Leaders, lawmakers discuss work report
Foreign ambassadors note strength of China's growth
Gillard 'confident' she will stay as PM
Bin Laden's compound demolished
Romney ekes out win in Ohio
Chavez 'stable' following surgery
Aircraft carrier to begin service this year
Nixon's visit 'changed so many things'
Texas school district embarks on widespread iPad giveaway
Australian PM knocks out rival, but not discontent
Despite ban, smoking is rampant in Internet bars
Investment access set to widen
US, Philippines to hold joint military exercises
Bookstores fight back with novel business ideas
Putin set for poll triumph
Law to ensure human rights
Rapid-fire attacks kill 50 across Iraq
Taliban promises revenge against US
Foodies drive gourmet market boom in S. Africa
Program to champion rights of nonsmokers
Syrian FM urges foreign journalists to respect rules
More US kids living in high-poverty areas
More Chinese get into swing of golf
Expats fuel demand for domestic helpers
Self-immolation acts condemned by deputies
Worker wakes up without left kidney
Aussie FM resigns in leadership spat
Guangdong govt vows to improve organization at grassroots level
Forced labor outlawed for people in detention
Obama seeks to calm Iran fears