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Decoding Hague tribunal’s award on South China Sea
In the immediate aftermath of the arbitration award, all sides are trying to calm the situation which, however, remains combustible with, potentially, disastrous consequences. The attention is to analyse each and every word of the principal protagonists to parse the intentions behind them. Apart from the involvement of the Coast Guards in support of the respective fishing boats which is a daily occurrence, several key countries have been exploring – and, eventually exploiting – hydrocarbon reserves within the NDL area. Militarisation of the existing infrastructure in the Spratlys and the Paracels, especially on the part of the Chinese, can completely alter the existing balance of power in the region.
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