THE INTERNATIONAL AREA OF THE SUBMARINE TERRITORIES IN THE CONTEXT OF THE EUROPEAN UNION INTEREST ON THE EXPLORATION AND EXPLOITATION OF THEIR RESOURCES
THE INTERNATIONAL AREA OF THE SUBMARINE TERRITORIES IN THE CONTEXT OF THE EUROPEAN UNION INTEREST ON THE EXPLORATION AND EXPLOITATION OF THEIR RESOURCES
Author(s): Laura Magdalena TrocanSubject(s): Law, Constitution, Jurisprudence, Civil Law, International Law, EU-Legislation, Maritime Law
Published by: Universul Juridic
Keywords: international area of the submarine territories; European Union; resources; polymetallic nodules; exploration; exploitation; deep mining;
Summary/Abstract: The existence of unexpected resources in the seas and oceans of the world and the real possibilities of covering of important part of the food and energy requirements of humanity in the context of the exhaustion, in a time not too distant, of the terrestrial resources have made that the interest for the world ocean grow steadily, currently, many entities within the European Union being involved in the activities of exploration and exploitation of the seas and oceans, both as technology providers and as mining operators because, despite its small size, this sector has the necessary potential to generate sustainable development and jobs for future generations. The European Union is becoming more and more interested in identifying viable technologies for commercial extraction of marine resources located at great depths, both in the areas located in the national jurisdiction and in the international area of the submarine territories and to participate in the elaboration of relevant regulations that take into account the requirements of the protection of the marine environment. In this context, this article aims to make a brief presentation of the international area of the submarine territories in the context of the European Union's interest in exploring and exploiting its resources.
Journal: Law Review
- Issue Year: 2019
- Issue No: Supliment1
- Page Range: 153-165
- Page Count: 13
- Language: English
- Content File-PDF