Voice of America
Phnom Penh
10/08/2006
After the visit of Thai Prime Minister Thaksin Siniwatra in Phnom Penh , government spokesman Khieu Kanharith says Thailand and Cambodia have agreed to form a joint committee to solve the dispute over the overlaping sea between Cambodia and Thailand that have pockets of oil.
Speaking to reporters in a news conference Thursday, Khieu Kanharith says Thaksin proposes to form three different zones: one near the Thai side, one in the middle of the sea, and one near the Cambodian side.
The Cambodian spokesman says for the middle zone the deal is to divide the oil revenue 50/50 between the two countries. Khieu Kanharith says the Thai prime minister believes Cambodia will receive about 2 billion dollars per year in oil revenues.
The government spokesman says the two countries can also use other alternatives to solve the overlapping zone.
According to the Cambodian spokesman, Prime Minister Thaksin proposes to end the discussion of the deal in 6 months and the committee also needs foreign experts.
Mrs. Chea Vannath former director of the Center for Social Development says she hopes Thailand is not going to take advantage of Cambodia which is weaker than Thailand.
The opposition party believes the deal should 50/50 for any zone.
Spokesman Khieu Kanharith says Cambodia and Thailand have also signed several other agreements during Thaksin’s one-day visit.
Speaking to reporters in a news conference Thursday, Khieu Kanharith says Thaksin proposes to form three different zones: one near the Thai side, one in the middle of the sea, and one near the Cambodian side.
The Cambodian spokesman says for the middle zone the deal is to divide the oil revenue 50/50 between the two countries. Khieu Kanharith says the Thai prime minister believes Cambodia will receive about 2 billion dollars per year in oil revenues.
The government spokesman says the two countries can also use other alternatives to solve the overlapping zone.
According to the Cambodian spokesman, Prime Minister Thaksin proposes to end the discussion of the deal in 6 months and the committee also needs foreign experts.
Mrs. Chea Vannath former director of the Center for Social Development says she hopes Thailand is not going to take advantage of Cambodia which is weaker than Thailand.
The opposition party believes the deal should 50/50 for any zone.
Spokesman Khieu Kanharith says Cambodia and Thailand have also signed several other agreements during Thaksin’s one-day visit.
2 comments:
If the opposition party thinks 50/50 for all zones, it sounds about right and fair.
Picturing the line of the middle zone and the area close by that very same line.
The one closer to Thailand is still part of the line and the one closer to Cambodia is also still part of that exact same line. We are not saying the one inside our land or the one inside their land, ARE WE?
As long as WE'RE CLEAR AND FAIR with what we are doing. I'm fine with the idea of sharing. We'll see what grow from there. Good luck & Best wishes to us!!!
We also need to really pay attention to Thaksin's personal problem. This man had Bt73 billions in Thai Bank ( = 2 billions in U.S dollars )and if he is to lose th election in October, he will have nothing!
Thai government and their people are watching his activity like a Hawk! He cann't do any transfering money as of this time. It's a no no no! and to transfer Bt73 billions, He will have to do it 73 times for a billion at the time and that won't happen between now and October 2006.
Those money are blood money of Thai people. Doing bussiness with a man in trouble might not be a good idea at all. Perhaps we should wait until November of 2006 comes.
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