Thais to reconsider oil MoU

Cambodian officials yesterday welcomed statements from Thailand’s foreign minister that an all-important 2001 memorandum of understanding on the Overlapping Claims Area would most likely be renewed. Foreign Minister Surapong Towichukchaikul said the MoU would be sent to Thai Prime Minister Yingluck Shinawatra’s cabinet on October 18 for review, according to Pheu Thai spokeswoman Titima Chaisang. The 2001 agreement between the two governments originally outlined a plan for defining the disputed Overlapping Claims Area, which is believed to be rich in oil and gas…

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