Turkey Libya Maritime Border Agreement

admin | 12 October 2021 | Uncategorized | | 0 Comments   

The agreement “has been registered with the secretariat in accordance with Article 102 of the Charter of the United Nations,” the registration certificate states. [5] [6] Two months earlier (August 2020), Greece and Egypt had signed another maritime agreement delimiting an exclusive economic zone for oil and gas drilling rights to counter the agreement between Turkey and Libya. [7] The registration of the agreement between Turkey and the Libyan GNA at the United Nations is clearly an ambitious and encouraging signal to other coastal states that Ankara wants to have a say in the future development of the region`s gas and hydrocarbon reserves. While exclusive policies can create tension and instability, inclusion and cooperation will certainly ensure a win-win outcome for all countries in this important geostrategic region. .