International law and exploitation of the resources of the high seas
McMahon, Bernard F.
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Between the territorial waters of coastal states there is a vast area referred to as the high seas. These high seas which comprise over 70 per cent of the surface of the earth contain an untold wealth of resources. Traditionally these seas are free, that is, under the sovereignty of no one, available for the use of all. The advance of technology, however, has challenged the rationale for such unfettered exploitation and added a third dimension of application to the surface and waters, namely the ocean floor. This paper examines the nature of the challenge, and the implications of this new dimension in order to see the present trends and requirements in the development of the international law of the sea.
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