Online news: Breakingnews
The cabinet on Tuesday approved the revocation of the memorandum of understanding (MoU) on the overlapping maritime boundary with Cambodia, a source at Government House said.
The memorandum was signed in 2001 during the term of the first Thaksin Shinawatra administration.
The disputed waters contain reserves of oil and gas. Now that Thaksin is economic adviser to the Cambodian government, the Thai government views the MoU as an inappropriate framework for negotiations.
The cancellation of the MoU will be forwarded to parliament for debate.
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