Wednesday, July 12, 2017
East Timor’s foreign policy.
The election of President Francisco ‘Lu’Olo’ Guterres in March and parliamentary elections in July are expected to result in continued support for East Timor’s primary foreign policy aims of ASEAN accession and the resolution of its maritime boundary dispute with Australia. East Timor’s termination of the Treaty of Certain Maritime Arrangements in the Timor Sea (CMATS) with Australia in April threatens a key source of revenue from the Greater Sunrise natural gas field. If Dili ultimately loses access to these revenues, it could leave the hydrocarbon-dependent country insolvent within a decade.