I warmly welcome the signing of a maritime boundaries treaty between Australia and Timor-Leste on 6 March 2018 In New York. The Treaty Between the Democratic Republic of Timor-Leste and Australia Establishing their Maritime Boundaries in the Timor Sea was signed at the United Nations Headquarters in the presence of the Secretary-General of the United Nations, António Manuel de Oliveira Guterres.
A significant event, the signing of this new maritime boundaries treaty marks the successful conclusion of the first-ever recourse by States to conciliation proceedings under Annex V to the United Nations Convention on the Law of the Sea (UNCLOS).
The Comprehensive Package Agreement of 30 August 2017, which includes the new Treaty, puts an end to a decade-long maritime dispute between Timor-Leste and Australia. “By delimiting the maritime boundary between the two States in the Timor Sea, and by establishing a special regime for the area comprising the Greater Sunrise gas field, this Agreement puts these States in a better position to exercise their respective rights and obligations under UNCLOS in an effective manner” said the Secretary-General in his remarks at the signing ceremony.
The Treaty, he noted, “is a further contribution to establishing legal certainty in the world’s oceans, an essential condition for stable relations, peace and security, and the achievement of sustainable development.”