Cambodia warns Thailand against quitting maritime MoU 44

10 Sept 17:34 Key points summarised by AI

Cambodia warns Thailand that withdrawing from the 2001 Memorandum of Understanding (MoU) on maritime boundaries and resource-sharing would undermine years of mutual cooperation and trust.
The MoU, known as MoU 44, reflects both nations' genuine political will and shared commitment to joint resource development and maritime boundary delimitation in line with international law.
Cambodia stresses that a unilateral withdrawal by Thailand would depart from the cooperative spirit of the deal, potentially disrupting ongoing efforts to resolve overlapping claims and develop resources jointly.
Cambodia reaffirms its commitment to the letter and spirit of the agreement, emphasizing the principles of goodwill, cooperation, and shared prosperity that guided its formation.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.