ABSTRACT

This chapter discusses the key challenges facing States negotiating joint development agreements in the East China Sea and the Aegean. In the Aegean, both Greece and Turkey have taken steps to define the maritime areas which appertain to their jurisdiction and the applicable delimitation principles by using language that is consistent with United Nations Convention on the Law of the Sea and customary international law. The chapter presents a practical joint development structure, and content of such structure, that may be chosen in each case. If a joint development regime were to be pursued, the States concerned must be prepared to make compromises on certain key elements that will guide the course of their future negotiations on joint development. One important prerequisite to joint development is to determine the geographical area to which the agreement will apply the joint development zone.