Abstract
The author draws attention to joint development zones as one of the means by which States deal with the difficult problem of maritime delimitation. The suspension or elimination of the dispute over title to the resources is likely to make it easier for the parties to attract investors with the requisite funding and capacity to exploit the resources. It also improves the possibility of their securing support and assistance from national and international agencies. Both in negotiating with foreign investors and also in establishing appropriate mechanisms for exploration for, and exploitation of, the resources in the most efficient and economic manner. Finally, joint development zones may be seen as one way by which States can implement the letter and spirit of the provisions of the Convention on the Law of the Sea relating to delimitation of maritime boundaries. Keywords: dispute settlement approach; joint development zones; Law of the Sea; maritime boundaries; maritime delimitation
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
