— There is nothing unconstitutional in the terms of reference that the Philippines has signed with China on a 2018 memorandum of understanding on cooperation on oil and gas development, Senior Associate Justice Antonio Carpio said Monday.
“I have read the TOR, but I promised not to divulge the contents except to say that the TOR complies with the MOU,” Carpio told CNN Philippines in a message. A highly-reliable source told CNN Philippines that the TOR sets up the inter-governmental steering committee and inter-entrepreneurial working groups provided in the MOU signed in November last year. Government officials, relevant agencies, and other individuals from both the Philippines and China will be part of these groups.
The enterprises will nominate representatives who will be part of and lead the working group, which will have the authority to hold inter-entrepreneurial commercial and technical arrangements.
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