VIET NAM MOVES TO SETTLE OFFSHORE TERRITORIAL DISPUTES

Viet Nam has proposed a program of cooperation with Malaysia and Indonesia on exploration and development in disputed territorial waters in the South China Sea and Gulf of Thailand. The Vietnamese-Malay dispute has been complicated by both countries awarding concessions to different companies covering some of the same acreage in the Gulf of Thailand. Meanwhile, Thailand and Cambodia have marked progress toward settling a dispute over territorial boundaries in the Gulf of Thailand.

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