Showing posts with label MoU. Show all posts
Showing posts with label MoU. Show all posts

Saturday, November 21, 2009

Tearing up MoU on JDA is so wrong

Bangkok Post The government's tit-for-tat response to Cambodia's appointment of fugitive ex-premier Thaksin Shinawatra as its economic adviser by tearing up the accord to settle disputed waters, raises the serious question whether this serves our country's interests at all.


Linking the MoU to Thaksin and politics because the MoU was signed on June 18, 2001 when he was in power, in order to justify the MoU's termination, is not a fair statement.

It's a pity the Abhisit Vejjajiva administration was so quick to cancel the memorandum of understanding (MoU) that would have led to a sharing of the potentially rich hydrocarbons in the territorial claims in the Gulf of Thailand, without first thoroughly deliberating the implications and consequences.

The government's decision to nullify the MoU reached with Cambodia in 2001 may not be the right means to retaliate against Phnom Penh's growing hostility and Cambodian Prime Minister Hun Sen's siding with Thaksin.

That knee-jerk reaction effectively demolished a foundation on which lay the goodwill and intention of both countries to negotiate for mutually-acceptable terms to open the 26,000-sqkm area for exploration and production while possibly unlocking the age-old disagreement of the maritime boundary.