Australia and Timor-Leste are engaged in the conciliation process to resolve disagreements between the two countries on boundaries in the Timor Sea, according to a joint statement issued by the two countries and the UN Conciliation Commission.
The joint statement added that from 10 to 13 October 2016, the governments of both countries took part in a number of meetings convened by the Conciliation Commission, the parties agreed a set of measures to facilitate the process of reconciliation and to reach a permanent agreement on maritime boundaries in the Timor Sea.
Timor-Leste and Australia confirmed on Monday the suspension of the Treaty on Certain Maritime Arrangements in the Timor Sea (CMATS), with Dili having already notified Canberra of this intention, which will now be formalised by a decision of the Timorese National Parliament.
Timor-Leste had announced at the first meeting of the Conciliation Committee in August in The Hague, its intention to suspend CMATS considering that the agreement had not fulfilled its purpose.
The joint statement ends with the assertion that Australia and Timor-Leste remain committed to maintaining a close relationship and continue to collaborate on economic issues and regional development of common interest. (macauhub)