Australia and East Timor sign treaty on maritime border
The disputed waters of the Timor Sea. The new border is expected to include the median line between the two countries, not the seabed boundary. (Credit: Australia's Department of Foreign Affairs and Trade, http://dfat.gov.au/geo/timor-leste/Pages/australias-maritime-arrangements-with-timor-leste.aspx)
UPDATED. Following two arbitrations and a conciliation under the auspices of the Permanent Court of Arbitration in The Hague, Australia and East Timor have signed a treaty to end a bitter dispute over their maritime boundary in the area of a US$40 billion offshore oil and gas field.
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