Thailand Revokes Energy Accord with Cambodia
Thailand has officially annulled a 25-year-old agreement with Cambodia for joint offshore energy exploration in the Gulf of Thailand. This decision comes after years of anticipated cancellation and follows recent armed conflicts between the two nations over territorial claims.
- Country:
- Thailand
Thailand has officially cancelled a longstanding agreement with Cambodia to jointly explore offshore energy resources, as confirmed by the Thai prime minister on Tuesday. This decision defies calls from Cambodia to maintain the 25-year-old accord.
The 2001 agreement aimed to create a cooperative framework for the exploration of hydrocarbons in overlapping claims in the Gulf of Thailand. The Thai cabinet's decision was anticipated, especially following two instances of armed conflict between the two countries last year.
The cancellation marks a significant shift in energy diplomacy in the region and highlights tensions over territorial rights between the neighboring countries.
(With inputs from agencies.)
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