"The Reed Bank is part of the Spratly islands... and we reject any claim or occupation by any means of the islands and the surrounding waters," the Taiwanese foreign ministry said in a statement.
According to the ministry, the Philippines is planning to accept bidding to explore and drill for oil and gas in the Reed Bank.
In Manila, a spokeswoman for President Benigno Aquino on Tuesday insisted on her country's right to the disputed area.
"We maintain that Recto Bank is within the territorial jurisdiction and is undisputed," Abigail Valte told reporters, using the Filipino name for Reed Bank.
Taiwan, the Philippines, Vietnam, Brunei, China and Malaysia claim all or part of the Spratlys, which could lie on top of large oil reserves.
All claimants except Brunei have troops based on the archipelago of more than 100 islets, reefs and atolls, which have a total land mass of less than five square kilometres (two square miles).
The Taiwanese coastguard currently has a 130-strong garrison on Taiping, the biggest island in the Spratlys archipelago.
Taiwan's security chief has called for Taipei to commit more military resources in the Spratlys, reacting to reports that rival claimants to the disputed waters are building up their armed presence.
What are the basis of Taiwan's claim to these Islands?
Geographical, Historical, Legal? or None of the above
As far as I know Taiwan is really far from these Islands, if their basis is Geographical, they should claim Luzon instead, Batanes or Babuyan Group of Islands because it is near than the spratlys.
If its Historical, I am not really familiar with their history, but the only countries that stepped on these islands first, are Chinese and the first to claim an island is the Philippines.
If legality is the basis, there is no way they could claim these islands, even if they ask experts from the international law.
My answer is None of the Above.Taiwan are starting to get greedy, I don't blame the kind of attitude they have since they are very similar with China, and they look like Chinese.
I hope these people will come to their senses and stop protesting something that they don't really own.They should learn how to respect a country's territory.
