Southern Kurile Islands/ Northern territories resource potential

Abstract

The islands of the Habomai group, Shikotan, Kunashir and Iturup are claimed by both the Soviet Union and Japan. These islands are each entitled to an Exclusive Economic Zone. This paper examines the mineral and energy potential on these islands and in their maritime zones and the implications for resource allocation and management of different solutions to the islands question. Return of all four islands would mean the transfer of substantial titanium sand, sulfur and sulfide deposits, as well as extensive fishing grounds. Return of only the southern two would still entail a major transfer of fishing grounds but not known mineral deposits. Return of the southern two and joint development of the other two would give Japan significant fishing grounds and access to several economic mineral deposits.