UNCLOS refers to the United Nations Convention on the Law of the Sea.
It said both sides also agreed to continue discussions on confidence-building measures to increase mutual trust and confidence, and exercise self-restraint in the conduct of activities in the South China Sea that would complicate or escalate disputes and affect peace and stability.
"There were intensive discussions on mutually beneficial joint initiatives and consensus on the convening of technical working groups in the areas of fisheries, oil and gas, marine scientific research and marine environmental protection, and political security, in the framework of the BCM," it said.
Both sides highlighted the importance of the BCM as a consultation mechanism that would continue to contribute to the stable growth of bilateral relations.
Taking off from the discussions during the inaugural meeting of the BCM in May 2017 in China's southwestern city of Guiyang, it said both sides had a frank, cordial exchange of views on issues of concern on the South China Sea during the meeting.
Both sides "had productive exchange of views on ways to strengthen cooperation in areas such as marine environmental protection, fisheries, marine scientific research, and oil and gas, without prejudice to their respective positions on sovereignty, sovereign rights, and jurisdiction."
The third meeting of the BCM will be held in China in the second half of 2018.
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