This paper concentrates on the protracted maritime boundary dispute with concern maritime laws. Maritime boundary dispute is a much-talked issue in the international legal arena. The countries are now becoming very much concerned with their maritime boundary for exploring and exploiting both its mineral and its food resources. But maritime boundary disputes are the barrier to use marine resources for coastal countries. So, the defined maritime boundary is necessary for every coastal state to use their maritime zones. The disputes also destroy the political harmony in international relation. Hence, the rapid settlement of maritime boundary dispute is of key importance for a peaceful coexistence of coastal states. Unfortunately, most of the disputes are delayed to be settled. United Nations Convention on the Law of the Sea is the prime international instrument which deals with the procedures of maritime boundary delimitation. This paper attempts to discuss the protracted maritime boundary disputes and maritime laws. Many of the concepts discussed in this paper can serve as guidelines for other countries that share coastlines.
ARTICLE HISTORY
This paper draws attention to the prospects of sea-based economy to promote Bangladesh in a middle-income country through the sustainable use of marine resources. About three-fourths of the earth is covered by the seas. It plays the vital role in two important functions from ancient time known as the means of communication and the source of huge living and non-living natural resources. At present, the countries are becoming very much concerned about their marine resources to resolve many of the present and future challenges of their economies. Generally for Bangladesh, ocean is contributing a significant role to its overall socio-economic progress through rising up the economic activities across the country and especially to the coastal zone at southern part. This paper investigates how much Bangladesh is capable to take of or handle the challenges to become a middle income country through the Sustainable Development Goals (SDGs). In addition, it has attempted with a closer-look to find out the barriers or limitations of these activities from different angles if exist.
This paper makes an effort to draw a comparative study between judicial process and arbitration as the method of maritime boundary dispute settlement. Currently, maritime boundary dispute between states is a much talked issue all over the World. The United Nations Convention on the Law of the Sea refers four means of maritime dispute settlement 1. Arbitration and Judicial processes are mainly two of them. According to the Convention every state has the right to choose one of the four means to settle their dispute 2. Practices show that Arbitration and Judicial settlement are more popular than any other methods of maritime boundary dispute settlement. Most of the previous maritime boundary disputes have been settled either by judicial process or by Arbitration. The present paper attempts to compare between arbitration and Judicial process as the means of maritime boundary dispute. In addition, many of the concepts mentioned in this paper may use to understand about the peaceful settlement of maritime boundary dispute.
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