This agreement came into effect on January 1, 1994, making
it a continental economic zone and the largest economic trading block in the world.
Not exact matches
This was the first application for a resource consent under the Exclusive
Economic Zone and Continental Shelf (Environmental Effects) Act, Public Act 2012 No 72 (the EEZ Act) and, like the Northern Gateway project, it promised economic gains but only in exchange for uncertain and potentially significant environmenta
Economic Zone and
Continental Shelf (Environmental Effects) Act, Public Act 2012 No 72 (the EEZ Act) and, like the Northern Gateway project, it promised
economic gains but only in exchange for uncertain and potentially significant environmenta
economic gains but only in exchange for uncertain and potentially significant environmental risks.
They have no territorial sea of their own, and their presence does not affect the delimitation of the territorial sea, the exclusive
economic zone or the
continental shelf.
Since it is not party to the treaty, the United States is left out of all of this activity, even though many of the core provisions of the Law of the Sea — including the 200 - nautical mile
economic zone and the right to claim control of
continental shelf — were originally U.S. ideas.
This month alone, more than 20 countries have submitted claims for
continental shelf areas stretching beyond their 200 - nautical - mile exclusive
economic zones.
Under the Law of the Sea, countries can only own the seabed beyond their Exclusive
Economic Zones (200 nautical miles out) if it's part of their
continental shelf.