To Study The Basic Issues Of Joint Development Zones’ Setting In Disputed Waters

1982 "The United Nations Convention on the Law of the Sea," identified two hundred sea miles exclusive economic zone and continental shelf of the legal system, more than one-third of the world oceans are inside 200-mile zones of coastal states. This extension of maritime jurisdiction offers new acreage for mineral resources exploration and exploitation by coastal state, but it has also unavoidably created numerous overlapping claim areas in various parts of the world. Joint development appears to have increasingly been accepted in state practice as the principal approach to the challenge of resource exploitation in an area subject to conflicting territorial claims. Joint development involves many issues, and this article is intended to analyze the major issues, since these issues will form the basis for joint development and ensure the implementation of the joint development agreement. In this paper, the basic system of the joint development and the issue of dealing with the third parties will be studied, focusing on introducing the universal rights of non-parties, as well as the rights of third parties who have the sovereignty dispute in the area. And at the same time Combined with China, Japan and South Korea in the jointly develop practice in the Tokai region, analyzing the different modes of dealing with the third parties rights in the fishery and oil joint development. In the purpose of proposing solutions for the issues of setting joint development zones.