GPH, MILF sign Annex on wealth sharing PDF Print E-mail
Monday, 15 July 2013 13:31

The Philippine government (GPH) and the Moro Islamic Liberation Front (MILF) signed the Annex on wealth sharing to the Framework Agreement on the Bangsamoro.

After a 12-hour session, both parties signed the Annex on wealth sharing past midnight of Sunday (July14) in Kuala Lumpur, Malaysia.

In a joint statement, the GPH and the MILF said they are closing the 38th round of Exploratory Talks in Kuala Lumpur, Malaysia “with the signing of the Annex on Wealth Sharing to the Framework Agreement on the Bangsamoro (FAB).”

“In a show of true commitment, the Parties extended the meeting, originally scheduled for four days to six days to be able to overcome their concerns and reach an agreement on the Annex,” the statement said.

“The Parties believe that the Annex, which forms part of the FAB, will provide sufficient guidance for the crafting of the Bangsamoro Basic Law’s provisions on wealth sharing and revenue generation for the Bangsamoro as envisioned by the FAB,” it added.

The statement said that progress was also made by the Technical Working Group on Normalization and the special team on power sharing.

The most contentious issue that faced the panels did not necessarily concern percentages on wealth sharing but a “core principle” over natural resources, or the “Regalian doctrine” in the Constitution.

The Regalian doctrine is embodied in Section 2 Article XII of the 1987 Constitution, which states that all lands and natural resources in the public domain belong to the State.

With the signing on the Annex on wealth sharing, both parties can now move further with discussions on the Annexes on power sharing, as well as normalization, which involves the decommissioning of MILF forces and other armed groups, and the policing of the Bangsamoro.

These annexes are the only ones pending to the signing of a comprehensive peace pact.

The Parties expressed their appreciation to President Benigno Aquino III “for his commitment to a just and lasting peace in Mindanao.”

They also thanked Malaysian Prime Minister Dato’ Sri Mohd Najib Bin Tun Haji Abdul Razak “for his continued support in the facilitation of the GPH-MILF Peace Talks,” and to the members of the MILF Central Committee headed by Chairman Al Haj Murad Ebrahim “for their continued commitment to the peaceful resolution of the Bangsamoro Question.”

The Parties also extend their gratitude to the members of the International Crisis Group (ICG), namely Japan, The Kingdom of Saudi Arabia, Republic of Turkey, the United Kingdom, Centre for Humanitarian Dialogue, Conciliation Resources, Muhammadiyah, and The Asia Foundation.

They also thank the members of the Technical Working Groups of both Parties which had worked on the Annex on wealth sharing.