Thais eye 2001 Gulf blueprint
Cambodia and Thailand yesterday reiterated their commitment to restart negotiations over an expansive and resource-rich section of the Gulf of Thailand known as the Overlapping Claims Area – but the two countries have yet to set a date for the talks. … In 2001, officials from both nations signed a Memorandum of Understanding regarding the joint development of the 26,000-kilometre area, believed to be rich in oil and gas. … Over the past 10 years, political developments have scuttled the agreement on joint exploration in the Gulf. It wound to a standstill in 2006 when former Thai Prime Minister Thaksin Shinawatra, who is close to Prime Minister Hun Sen, was toppled in a military coup.
