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Delimitation of maritime boundaries discussed at WISTA Cyprus meeting

12 June, 2014

Members and friends of the Women’s International Shipping and Trading Association (WISTA Cyprus) discussed the hot topic of the delimitation of maritime boundaries during their recent conference, presented by Marianna Charalambous, with a Juris Doctorate in International Law and an LLM in Oil and Gas.
During the meeting, Charalambous, who is an expert in the delimitation of maritime boundaries and a member of WISTA Cyprus, outlined the United Nations Convention on the Law of the Sea and the international law currently applicable in the delimitation of maritime boundaries. She presented the conflicting claims currently in the Mediterranean and assessed their validity in lieu of the applicable law.
“A de facto situation under the law never acquires a de jury status without the consent of the affected party,” she noted, “therefore, the only legitimate entity to grant a license for exploration in the Cyprus maritime zone including up to 50% the distance between the Cyprus and Turkish coasts is the Republic of Cyprus.”
She urged that we consider the possibility of large hydrocarbon reserves found north of Kyrenia and the impact of such finds on the issues currently faced by this island.
After her presentation, the audience continued with a lively discussion.
Another subject that was also discussed was the preparation for the 34th WISTA International AGM and Conference that will be held in Limassol on October 8-10 of this year. Many sponsors and speakers have already been announced and can be found on the conference website
www.wistacyprus2014.com