Manila Times Business
Thailand ready for UN mediation on maritime dispute with Cambodia
BANGKOK —Thailand is "fully prepared" to engage in UN-backed mediation initiated by Cambodia over disputed maritime claims, the foreign minister said Wednesday, while pledging to safeguard national interests. Neighboring Cambodia said Tuesday it had started the dispute resolution process under the United Nations Convention on the Law of the Sea (UNCLOS) over disputed areas in the Gulf of Thailand, where undersea energy reserves are valued at around $300 billion. The move followed Bangkok's
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Source: manilatimes.net
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