Aust, East Timor sign Greater Sunrise deal

By Peter Mitchell, Aap Us Correspondent
Updated March 7 2018 - 1:37pm, first published 1:33pm
Australia and East Timor have signed a treaty to resolve the Greater Sunrise oil and gas dispute.
Australia and East Timor have signed a treaty to resolve the Greater Sunrise oil and gas dispute.

After years of bitter wrangling, Australia and East Timor have signed a "historic" treaty at the United Nations aimed at resolving a boundary dispute that also carves up $56 billion in potential revenue from oil and gas reserves in the Timor Sea.

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