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The Interest of the European Union in the Exploration and Exploitation of the Blue Continent' Resources

Author

Listed:
  • Laura Magdalena TROCAN

    (Faculty of Educational Sciences, Law and Public Administration, "Constantin Brancusi" University from Targu-Jiu, Romania; associate researcher at the Legal Research Institute "Acad. Andrei Radulescu" of the Romanian Academy.)

Abstract

The existence of unsuspected resources in the seas and oceans of the world and the real possibilities of covering an important part of the food and energy requirements of mankind in the context of the of terrestrial resources ' depletion, in a not too distant interval, have made to continuously increase the interest in the world ocean, the seas and oceans being engines of the world economy, including the economy of the European Union, having great potential for innovation and growth, the maritime sector, at the level of the EU2 , offering viable solutions for economic development, job creation and ensuring food resources for a population of over 500 million people. These developments have led to developments, especially in international investments (within or outside the EU). In this context, the present study wants to make a presentation, (using scientific methods such as: analytical, comparative, quantitative method etc.) of the interest of the European Union in terms of the exploration and exploitation of the resources of the blue continent in the light of the initiatives, regulations and measures implemented until present, by this international organization sui generis.

Suggested Citation

  • Laura Magdalena TROCAN, 2023. "The Interest of the European Union in the Exploration and Exploitation of the Blue Continent' Resources," International Investment Law Journal, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 3(1), pages 17-28, February.
  • Handle: RePEc:sja:journ1:v:3:y:2023:i:1:p:17-28
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    More about this item

    Keywords

    marine resources; European Union; international investments; raw materials; blue economy; polymetallic nodules.;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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