Thursday, 17 September 2020

‘Deter Malaysia’: Thailand’s navy wants Chinese submarines as both bargaining chip and deterrent

mdc.idv.tw


‘Deter Malaysia’: Thailand’s navy wants Chinese submarines as both bargaining chip and deterrent | South China Morning Post

  • Thailand’s navy made a fresh funding push to complete the purchase of three Chinese submarines before a maritime agreement with Malaysia expires
  • The boats would give Bangkok more leverage in negotiations and help protect economic interests of some US$77.2 billion per year, navy officials say

Termsak Chalermpalanupap

Published: 12:01pm, 17 Sep, 2020

Thailand’s navy says it wants to acquire three Chinese attack submarines as a counterbalance against the two European-built ones that Malaysia already has, but the purchase is also aimed at giving Bangkok more leverage during bilateral negotiations on the future of a joint development area (JDA) in the Gulf of Thailand.

An existing co-exploitation agreement between Thailand and Malaysia governing the area in question is not set to expire until 2029, but at a two-hour press conference at the Thai navy’s headquarters on August 24 – hastily convened to defend its renewed push for 22.5 billion baht (US$723.3 million) in funding to cover the cost of the second and third submarines – it was revealed that all three were planned to be deployed before JDA renewal negotiations are set to begin.

If the submarines are operational by 2027, “Thailand will not be in a disadvantaged position” and have enhanced bargaining power when it starts negotiations with Malaysia on the JDA, said Vice Admiral Thalerngsak Sirisawas, head of the navy’s operations department.

Thailand and Malaysia have overlapping claims over some 7,250 square kilometres in the lower section of the Gulf of Thailand. In 1979, both governments signed a 50-year memorandum of understanding on equally sharing the costs and benefits of joint exploration and exploitation of petroleum resources in the area.......read rest of article


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)