Cambodia, Thailand Take US$300 Billion Seabed Dispute to UN The Permanent Court of Arbitration's Singapore office has become an unlikely battleground for a dispute that could shape the economic and strategic landscape of Southeast Asia.
Cambodia and Thailand have taken their battle over 27,000 square kilometers of oil and gas rich waters to the United Nations Convention on the Law of the Sea's conciliation commission.
The stakes are high: estimates put the hydrocarbon reserves in question at a staggering US$300 billion.