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The Continental Shelf Beyond 200 Nautical Miles – A Crucial Element In The 'Package Deal': Historic Background And Implications For Today

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Chapter Summary

The basic provisions of the LOS Convention are similar to those found in the 1958 Geneva Convention on the Continental Shelf. The 1970 Nixon proposal was that coastal states should be entitled only to part of the revenues obtainable beyond the depth of 200 metres. But the binding rules of the Law of the Sea are that there is no obligation of revenue sharing incumbent on the coastal state within the distance of 200 miles from the baselines and the revenue sharing operates only in the continental shelf beyond the 200-mile limit. Treating the Arctic areas as a new subject is contrary to the principle of the 'package deal', which underlies the entire LOS Convention. The LOS Convention is possibly the most successful result of the codification and progressive development of international law carried out under the auspices of the United Nations, and has solved a series of issues.

Keywords: 200 nautical miles; Arctic; continental shelf; Geneva Convention; Law of the Sea; LOS Convention; Nixon; package deal; United Nations



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