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Justice and Development Party intends to submit legislation on economic zones and continental shelf in Turkish waters
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The Turkish government is preparing to submit a bill to parliament defining Turkish maritime authorities in the Aegean Sea, the Mediterranean Sea, and the Black Sea.
The bill will be presented to parliament after the Eid al-Adha holiday ends, and addresses the demarcation of exclusive economic zones and the continental shelf. The legislation reflects Turkey's efforts to reinforce its maritime claims.
Turkey will present a law after Eid al-Adha to define its maritime authorities and exclusive economic zones in the Aegean Sea, Mediterranean, and Black Sea. The project aims to establish a clear legal framework for the Turkish continental shelf in these three seas.
The new law will affect marine resource exploration, commercial activity, and fishing in areas surrounding Turkey, and may deepen tensions with neighbouring countries over maritime rights and natural resources. This means potential repercussions for energy prices, food, and investments in the region.
Pierre Dubois