THAILAND, CAMBODIA TO SET UP JOINT DEVELOPMENT AREAS

Monday March 10, 2008,

BANGKOK, March 10 Asia Pulse - Thailand and Cambodia plan to set up joint development areas (JDA), covering 26,000 square kilometers of overlapping sea border areas, to facilitate the exploration of natural gas and crude oil, Thai Foreign Minister Noppadon Pattama said.
FM Noppadon said the Thai and Cambodian foreign ministries would hold talks on the establishment of the JDA to manage the overlapping border areas which are rich in natural gas and crude oil.
Thailand's Foreign Ministry would join its Energy Ministry in talks with Cambodia as soon as possible on the issue, FM Noppadon was cited by the Bangkok Post as saying.
(PNA/VNA)