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What sovereign rights do coastal states have over the continental shelf, including the portion which extends beyond 200 nautical miles?

April 26, 2017coastal continental extends portion Rights shelf Sovereign

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What sovereign rights do coastal states have over the continental shelf, including the portion which extends beyond 200 nautical miles?

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According to Article 77 of UNCLOS, a coastal state has sovereign rights to explore the shelf and exploit its natural resources, which consist of mineral and other non-living resources of the seabed and subsoil, as well as living resources (sedentary species).