A tripartite agreement demarcating the maritime frontiers between India, Thailand, and Indonesia was signed on Thursday (22 June) in New Delhi.
A tripartite agreement demarcating the maritime frontiers between India, Thailand, and Indonesia was signed on Thursday (22 June) in New Delhi. The treaty ends a potential dispute between the three Asian countries over territorial rights in the Indian Ocean.
SYNOPSIS: The agreement was signed by the Indian External Affairs Minister Atal Bihari Vajpayee, Indonesian Foreign Minister Dr. Mochtar Kusumaatmadja and Thai Foreign Minister Dr. Upadit Pachariyangkun.
The agreement follows prolonged negotiations between the three countries to fix their maritime and seabed frontiers on the basis of the median principle.
Prior to the signing of the tripartite agreement, India and Thailand signed a separate bilateral treaty defining seabed rights in the Andaman Sea.
The problem has centred around India's offshore Andaman and Nicobar Islands rule lie in close proximity to Indonesia and Thailand.
India and Indonesia signed an agreement last year extending their 43 mile seabed boundary into the Indian Ocean to cover 200 nautical miles from the coasts of the two countries.
After signing the agreements, Mr. Vajpayee said all three countries have a common national objective to fulfil the rising expectations of their peoples for a better life.
He said we could not meet their expectations unless we undertake the optimum utilisation of our natural resources on land and in the sea.
Mr. Vajpayee added that all three countries have to gain control of all available in resources and stake a claim for a due share of what is held in common with the rest of mankind. (SEQ 1-4)