And I gather the issue that's foremost on your mind at this moment is the situation on the Korean Peninsula. I'm prepared for questions on this after my speech, but let me say this: First of all, we're against the development of nuclear weapons by the DPRK. We cannot allow nuclear weapons on the Korean Peninsula, either in the north or in the south, either developed indigenously or introduced from the outside. Should there be nuclear weapons on the Korean Peninsula, it would be detrimental to the interests of all parties. And it's not in the best security issues of the DPRK itself. So the Korean Peninsula must be denuclearized. This is China's firm goal.
Secondly, there can be no war or turbulence on the Korean Peninsula, otherwise there will be horrible consequences. How to achieve denuclearization? Ultimately, we have to go through negotiation, just as in the case of the Iranian nuclear issue, where 10 years of negotiation has produced the comprehensive agreement. I know Wendy Sherman is in the audience. She, on behalf of the American government, made an enormous contribution to the negotiation. And we admire her for her hard work. In the case of the Korean nuclear issue, the Six-Party Talks has been stalled for eight years. And in that period, we've seen multiple nuclear tests. There will be a new U.N. Security Council resolution entailing further actions to limit the development of nuclear missile technologies in the DPRK. Yet, at the same time, we must not give up on peace talks, which provide the only viable solution to the nuclear issue. China is the chair of the Six-Party Talks. We are fulfilling our responsibility and obligation. And we have put forward the idea of pursuing in dual tracks the denuclearization of the Korean Peninsula, and the replacement of the Korean armistice with a peace agreement. In other words, without denuclearization there will not be a peace agreement. On the other hand, without a peace agreement and without addressing the legitimate concerns of the parties, including those of the DPRK, then denuclearization cannot be achieved in a sustainable way. So we have to pursue both in parallel to achieve denuclearization and to address the concerns of the parties in a balanced way. We're prepared to work with the relevant parties to work out the pathway and steps for this dual track approach.
And thirdly, I must say, China's legitimate national interests must be upheld in the process. And many of you may have in mind the deployment of the THAAD missile defense system. The United States is likely to deploy THAAD in the Republic of Korea. Of course, it's up to the ROK government to make a final decision. To some extent, it's their internal affair and China does not interfere in the internal affairs of other countries. And we understand that in a very complex environment, the United States and the Republic of Korea want to ensure their own security. But I must point out that the X-band radar associated with the THAAD system has a radius that goes far beyond the Korean Peninsula, and reaches into the interior or China. In other words, China's legitimate national security interests may be jeopardized or threatened. So after the news broke that the U.S. and the ROK may discuss the deployment of THAAD, we believe China's legitimate security concerns must be taken into account, and a convincing explanation must be provided to China. I don't think it's too much to ask. It's a reasonable position.
I know you still have many questions on this issue, but let me now move to the next issue, the situation in the South China Sea. Let me say to you, the general situation there is stable. No commercial vessel has complained that its freedom of navigation has been threatened or jeopardized – none. While it's true that there is a dispute over some of the islands and reefs in the Nansha Chain, or some might call the Spratlys, and fully two of China's islands and reefs as part of the Spratlys have been illegally taken by others. Still, China's position is we want to have a peaceful resolution of the issue through dialogue and negotiation, in accordance with international law, including UNCLOS. This is a firm commitment from the Chinese government which has ensured the general stability of the situation in the South China Sea. In the meantime, we're working with ASEAN countries to implement the DOC. And we're speeding up the COC consultation. China and ASEAN countries have every capability to maintain peace and stability in the South China Sea on our own.
We have made quite a few proposals. First of all, the disputing parties, in accordance with the DOC, must peacefully resolve their disputes through negotiation. Article 4 of the DOC makes it clear that the dispute must be resolved by the directly concerned states. And the leaders of China and 10 ASEAN countries signed off on the DOC. So it should be a binding requirement. The Philippines has closed the door of dialogue with China. Still, China and the other ASEAN countries are doing our best to implement Article 4 of the DOC.
Secondly, counties in the region, claimants or otherwise, who border the South China Sea must work together to maintain peace and stability in the South China Sea, and to uphold the freedom of navigation in accordance with international law. And China will play its due role.
Thirdly, countries from outside of the region, it is hoped will support the resolution of the disputes through negotiation between the directly concerned parties, and will support the efforts of China and ASEAN to maintain peace and stability in the South China Sea. We hope outside countries can play a constructive role. Now, if all the three points are satisfied, then we can continue to maintain peace and stability in the South China Sea. And you needn't be too worried about it.
Finally, let me speak about the China-U.S. relationship. I think I may have spoken for half an hour already, and I know there is a Q&A session to follow. But before I do, I will talk about our relationship. This is the most important bilateral relationship I the world. It's a relationship between the world's largest developed country and its largest developing country. A good China-U.S. relationship will benefit both nations and the world at large. However, if the relationship is mishandled, then we might call into the so-called Thucydides trap. President Xi Jinping has suggested that the two countries work together to build a new model of major country relationship. The goal or vision is to build a win-win China-U.S. relationship. I think that's the right way to go. And we're working with the United States in this direction, to deepen our mutual understanding, to increase our dialogue, and to advance the process of building a new model of relations. And we hope this vision will also be shared by our two societies, and enjoy ever more support.