Recto Bank is a resource-rich tablemount
in the West Philippine Sea, waters within the country's 370-kilometer exclusive economic zone in the South China Sea.
The 8,866-square-kilometer submerged tablemount
lies on the Palawan shelf.
Beijing has refused to recognise the ruling by the Permanent Court of Arbitration that granted the Philippines sovereign rights to access offshore oil and gas fields, including the Reed Bank, a shallow tablemount
some 85 nautical miles off its coast.
Loan agreements with China may force the Philippines to give up the Reed Bank, an underwater tablemount
rich in oil and natural gas deposits, should we default.
Reed Bank, also known as Recto Bank, is a large tablemount
, or isolated underwater volcanic mountain with a flat top, located near the Spratly Islands in the West Philippine Sea.