00:00Cambodia and Thailand are now taking their long-running maritime dispute in the Gulf of Thailand
00:05to an UN-backed conciliation process.
00:08The disputed waters are believed to hold oil and gas worth around $300 billion.
00:14The two sides are now making their case in Singapore after negotiations were stalled for years.
00:21Foreign ministers of Cambodia and Thailand delivered their opening statements on Tuesday
00:26in a compulsory conciliation process under UNCLOS over their disputed maritime boundary in the Gulf of Thailand.
00:33In May, Thailand unilaterally pulled out of a 2001 framework agreement with Cambodia
00:38aimed at resolving their overlapping maritime claims.
00:42Cambodia subsequently initiated the UN-backed conciliation process.
00:47The disputed area covers around 27,000 square kilometers in the Gulf of Thailand, claimed by both countries.
00:55Cambodia wants a treaty establishing a single comprehensive maritime boundary.
01:00In the meantime, it proposes joint development and equitable resource sharing.
01:05If no agreement can be reached, it would ask the Commission to make recommendations for future negotiations.
01:11The process is expected to take about a year, but its recommendations will not be legally binding.
01:17The hearing at the Singapore outpost of the Permanent Court of Arbitration comes after deadly border clashes last year.
01:25Prime Minister Anutin Chan-Virakul denied the move was linked to the fighting,
01:29which killed dozens and displaced more than a million people before a ceasefire was reached.
01:35Prime Minister Anutin Chan-Virakulicano
01:35owes her son to her beer and her producer for two years.
01:35So, this was a oleh Permanent Áare-Friada,
01:35The outside of the Gulf of Texas passed a Shooting Sheets Lyn
01:36You
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