March 17, 2014 16:19
Moscow satisfied with decision of UN Commission upholding Russia's application on Sea of Okhotsk
MOSCOW. March 17 (Interfax) - Moscow is satisfied with the decision of the UN Commission on the Limits of the Continental Shelf, which approved the Russian application regarding the Sea of Okhotsk, the Russian Foreign Ministry said in a statement on Monday.
"The Russian application regarding the enclave in the central section of the Sea of Okhotsk has been met fully. It concerns the 52-square-kilometer section of the continental shelf 200 nautical miles from the Russian coast… We are satisfied with the result achieved and hope for further constructive cooperation with the Commission," the document said.
The UN Commission on the Limits of the Continental Shelf upheld unanimously the application of Russia for the continental shelf in the Sea of Okhotsk on March 11. The Commission has agreed with the technical and legal merits of the application submitted by Russia, the statement said.
In accordance with the UN Convention on the Law of the Sea of 1982 the shelf borders, introduced by a coastal state and based on the recommendations of the Commission, are final and compulsory for everyone.
According to the existing assessment, this area is rich in minerals and other natural resources and from now on Russia holds the exclusive right to develop it, the Russian Foreign Ministry said.
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