THE HAGUE: Cambodia and Thailand have agreed to work towards resolving their dispute over a swathe of the Gulf of Thailand with undersea energy reserves worth US$300 billion, international mediators said on Monday.
The southeast Asian nations have for decades pushed rival claims over maritime territories and the demarcation of their 800km land border.
Cambodia sought international conciliation in June after Thailand pulled out of their 2001 agreement to exploit offshore oil and gas resources in a 27,000-square-kilometre chunk of maritime territory to which both nations lay claim.
Their border disputes erupted into fighting last year that killed dozens of people. Each side has accused the other of violating a ceasefire agreement signed in December.
