As previously noted, the Treaty on Certain Maritime Arrangements in the
Timor Seawas formally signed on 12 January 2006 and came into force on
23 February 2007. The text of the Treaty is reproduced in Appendix 1 of this
article. The Preamble to the Treaty acknowledges the parties’ “geographic
proximity, friendship and developing economic relationship,” and provides that
the purpose of the agreement is to strengthen that relationship and deepen
cooperation between them. Specific reference is made to the LOSC and, in
particular, to the LOSC’s maritime delimitation provisions in respect of the
EEZ and continental shelf (Articles 74 and 83), notably that agreement shall
be “effected by agreement on the basis of international law in order to achieve
an equitable solution” and that in the absence of delimitation, “the obligation
for States to make every effort in a spirit of understanding and cooperation to
enter into provisional arrangements of a practical nature which are without
prejudice to the final determination.” The Preamble also makes it clear that the
treaty covers not only “petroleum activities” in the seabed, but also the devel-opment and management of living and non-living resources in an “economi-cally and environmentally sustainable manner.”
As previously noted, the Treaty on Certain Maritime Arrangements in the
Timor Seawas formally signed on 12 January 2006 and came into force on
23 February 2007. The text of the Treaty is reproduced in Appendix 1 of this
article. The Preamble to the Treaty acknowledges the parties’ “geographic
proximity, friendship and developing economic relationship,” and provides that
the purpose of the agreement is to strengthen that relationship and deepen
cooperation between them. Specific reference is made to the LOSC and, in
particular, to the LOSC’s maritime delimitation provisions in respect of the
EEZ and continental shelf (Articles 74 and 83), notably that agreement shall
be “effected by agreement on the basis of international law in order to achieve
an equitable solution” and that in the absence of delimitation, “the obligation
for States to make every effort in a spirit of understanding and cooperation to
enter into provisional arrangements of a practical nature which are without
prejudice to the final determination.” The Preamble also makes it clear that the
treaty covers not only “petroleum activities” in the seabed, but also the devel-opment and management of living and non-living resources in an “economi-cally and environmentally sustainable manner.”
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