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exclusive economic zone
(redirected from Exclusive economic zones)

   Also found in: Wikipedia 0.02 sec.
exclusive economic zone
n
(Economics) the coastal water and sea bed around a country's shores, to which it claims exclusive rights for fishing, oil exploration, etc. Sometimes shortened to economic zone

A maritime zone adjacent to the territorial sea that may not extend beyond 200 nautical miles from the baselines from which the breadth of the territorial sea is measured. Within the exclusive economic zone (EEZ), the coastal state has sovereign rights for the purpose of exploring, exploiting, conserving, and managing natural resources, both living and nonliving, of the seabed, subsoil, and the subjacent waters and, with regard to other activities, for the economic exploitation and exploration of the zone (e.g., the production of energy from the water, currents, and winds). Within the EEZ, the coastal state has jurisdiction with regard to establishing and using artificial islands, installations, and structures having economic purposes as well as for marine scientific research and the protection and preservation of the marine environment. Other states may, however, exercise traditional high seas freedoms of navigation, overflight, and related freedoms, such as conducting military exercises in the EEZ. Also called EEZ.


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Byline: ANI Islamabad, Feb 16 (ANI): India and Pakistan could lose a lot in terms of the Sir Creek's unexplored natural resources, due to the conflicting claims they are planning to file in May under the United Nations Convention on the Law of Seas (UNCLOS) over the outer limits of their exclusive economic zones (EEZ) and the continental shelf.
But Japan considers the midway point between the shorelines of the two countries as the economic boundary while their 200 nautical-miles (370-kilometre) exclusive economic zones overlap.
But Japan considers the midway point between the shorelines of the two countries as the economic boundary while their 200 nautical-miles (370-kilometre) exclusive economic zones overlap.
 
 
 
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