Negotiations begin between East Timor and Australia for Timor Sea Treaty.

In 2002, negotiations for the Timor Sea Treaty began between East Timor and Australia. The background of this event lies in the desire of both nations to determine maritime boundaries and access to oil and gas reserves in the Timor Sea. The impact of these negotiations was significant, as it aimed to establish a fair distribution of the resource wealth between the two countries. This event marked the beginning of a diplomatic process that would eventually lead to the signing of the Timor Sea Treaty, which granted East Timor a more equitable share of the oil and gas reserves in the Timor Sea. The treaty also laid the foundation for a more stable and cooperative relationship between the two nations. Overall, the start of the Timor Sea Treaty negotiations between East Timor and Australia was a pivotal moment in the history of both countries, reflecting their commitment to resolving disputes through peaceful and diplomatic means. #TimorSeaTreaty #EastTimor #Australia #Negotiations