Notes on WHO OWNS THE OCEAN!

Who owns the mineral deposits there?

(The 2 pages that you sent us as an atacment)

Rich mineral deposits lie on and just beneath the ocean floor. Coastal nations have the right to mine deposits near their shores. Today, they are mining minerals from the continental shelf. But mineral deposits on the ocean floor beyond are open for all nations.

Find out what EEZ's are in the 3rd section of the

article.

http://geography.howstuffworks.com/oceans-and-seas/international-water2.htm

EEZs are extensions of a state's rights to resources offshore. The boundaries of an EEZ go well beyond territorial waters, extending 200 miles (322 km) from shore. EEZs presented a discrepancy, however. This new EEZ restriction of 200 miles (322 km) narrowed other nations' boundaries. The U.N. compromised by allowing nations with wide continental shelves to extend their EEZ up to 350 miles (563 km) from shore, provided nations could prove the width of the shelf offshore.

What is an International Waterway?

http://www.google.com/search?rlz=1C1RNPM_enUS388&sourceid=chrome&ie=UTF-8&q=What+is+an+International+Waterway%3F#hl=en&rlz=1C1RNPM_enUS388&q=International+waterway&tbs=dfn:1&tbo=u&sa=X&ei=FV2hTY2NEMXMtAbtzsDnAQ&ved=0CBQQkQ4&bav=on.2,or.r_gc.r_pw.&fp=384aef4afa8e1652

The terms international waters or trans-boundary waters apply where any of the following types of bodies of water (or their drainage basins) transcend international boundaries: oceans, large marine ecosystems, enclosed or semi-enclosed regional seas and estuaries, rivers, lakes, groundwater.