Interim solutions under the exclusive economic zone regime

Abstract

ABSTRACT The world is facing today a global population explosion that is already straining the land-extracted resources, leading to countries turning to their ocean floors and waters where huge discoveries are shedding light on further hydrocarbon reserves, poly-metallic nodules and biological resources, a major breakthrough in fields like the medical and energy, to say the least. The need to exploit and manage these resources is greater than ever, but far from being evident when maritime claims overlap. This article aims at studying the complexity of the exclusive economic zone (EEZ) regime and highlighting the interim solutions mechanisms proposed by this regime when EEZ claims overlap, in order to show how UNCLOS was one big step ahead of rising maritime disputes, whilst reflecting the Parties’ willingness to secure a fast and peaceful way towards exploiting and managing resources.