International Arbitration Concerning The Law Of Sea Convention
- IJLLR Journal
- Jul 27, 2022
- 1 min read
Vaishnavi Rastogi, Christ Deemed to be University Lavasa, Pune
Introduction
The United Nations Conventions on the Law of the Sea (UNCLOS) were ratified in 1994 and were adopted at Montego Bay in 1992. One of the main sources of international arbitration is UNCLOS. In November 2017, 168 states joined as participants in this conference. The Law of the Sea Convention is one of the interstate conflict agreements that provide some of the biggest arbitration verdicts. For instance, there are several other areas of contention, including fishing, the conservation of aquatic life, water pollution, etc. The UNCLOS defines the laws and regulations regulating the maritime regions that are under dispute. It also lays out a complete system of laws and ordinances relating to oceans, seas, and other bodies of water. In other words, it creates the foundation for future advancements in the law of the sea. It essentially outlines the obligations that states or countries have to the world's seas and their resources.