Thailand Revokes Historic Cambodia Energy Pact Amidst Rising Nationalism
Thailand has annulled a long-standing energy exploration agreement with Cambodia. The 2001 pact aimed to jointly assess hydrocarbons in the contested Gulf of Thailand. This decision, spurred by nationalist sentiment and former electoral promises of re-elected Prime Minister Anutin Charnvirakul, comes despite requests from Cambodia to maintain the arrangement.
Thailand's government has officially pulled out of a decades-old agreement with Cambodia, aimed at jointly exploring offshore energy reserves in disputed waters. This move fulfills an election pledge from Prime Minister Anutin Charnvirakul, following nationalistic fervor and previous military skirmishes with Cambodia.
The Thai cabinet's decision to cancel the 2001 pact was anticipated, as there has been little progress in development and increasing tensions between both nations. Cambodia has expressed regret over Thailand's unilateral decision, maintaining its commitment to the agreement.
The now-nullified agreement, known as Memorandum of Understanding 44, has repeatedly stalled due to political turmoil and opposition in Thailand. Looking forward, Thai officials could potentially base future negotiations on the U.N. Convention on the Law of the Sea.
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