Timor-Leste: Global Court Agrees to Take up Timor, Australia Sea Border Row

Sep 26, 2016 | ABC News
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An international arbitration court has agreed to take up a decade-long border dispute between Australia and East Timor over territory in the Timor Sea that contains large oil and gas deposits worth an estimated $40 billion. East Timor last month urged the body — the world's oldest arbitration tribunal — to help end the dispute that has soured relations between the two countries, saying negotiations had so far failed.