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Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts.

Sovereign rights in Exclusive economic zones and Continental shelves are functionally limited to the economic exploitation of these zones. Moreover, in the case of disputed maritime zones these sovereign rights are neither exclusive nor necessarily constant. Nevertheless, states are still expected t...

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Main Author: Kassem, Hazem
Format: Thesis
Published: AUC Knowledge Fountain 2019
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access_status_str Open Access
author Kassem, Hazem
author_browse Kassem, Hazem
author_facet Kassem, Hazem
author_sort Kassem, Hazem
collection Thesis
dc_rights_str_mv The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy. The author has granted the American University in Cairo or its agents a non-exclusive license to archive this thesis, dissertation, paper, or record of study, and to make it accessible, in whole or in part, in all forms of media, now or hereafter known.
description Sovereign rights in Exclusive economic zones and Continental shelves are functionally limited to the economic exploitation of these zones. Moreover, in the case of disputed maritime zones these sovereign rights are neither exclusive nor necessarily constant. Nevertheless, states are still expected to provide the investments established in these zones the same treatment they should provide in their territories where they exercise full and constant sovereignty. If a host state agrees to the establishment of an investment in a maritime zone that become later contested, do the occurrence of the contestation and the hazards arising from such contestation relief the host state from its contractual and treaty obligations toward the investment by virtue of the force majeure concept. This thesis argues that a traditional interpretation of the force majeure concept in respect of investment agreements and contracts, hampers states ability to de-escalate their maritime disputes, diminishes its capacity to conclude delimitation agreements and reduces the promotion of the UNCLOS III as well as its mechanisms for disputes settlement. It proposes a contextualist interpretation of the force majeure concept that is adapted to the exploitation of disputed maritime zones and states obligations under the international law of the sea. First, it examines the concept of force majeure as a doctrinal hypothesis and its applications in international contracts and international investment agreements. Second, it analyzes the legal act of maritime contestation as a force majeure event according to the possible interpretations of the concept of “force majeure”. Finally, it examines the most recurrent legal hazards susceptible of arising out of a contestation; provisional orders and unfavorable delimitation.
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from AUC Knowledge Fountain — bepress
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spelling oai:fount.aucegypt.edu:etds-2735 Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts. Kassem, Hazem Sovereign rights in Exclusive economic zones and Continental shelves are functionally limited to the economic exploitation of these zones. Moreover, in the case of disputed maritime zones these sovereign rights are neither exclusive nor necessarily constant. Nevertheless, states are still expected to provide the investments established in these zones the same treatment they should provide in their territories where they exercise full and constant sovereignty. If a host state agrees to the establishment of an investment in a maritime zone that become later contested, do the occurrence of the contestation and the hazards arising from such contestation relief the host state from its contractual and treaty obligations toward the investment by virtue of the force majeure concept. This thesis argues that a traditional interpretation of the force majeure concept in respect of investment agreements and contracts, hampers states ability to de-escalate their maritime disputes, diminishes its capacity to conclude delimitation agreements and reduces the promotion of the UNCLOS III as well as its mechanisms for disputes settlement. It proposes a contextualist interpretation of the force majeure concept that is adapted to the exploitation of disputed maritime zones and states obligations under the international law of the sea. First, it examines the concept of force majeure as a doctrinal hypothesis and its applications in international contracts and international investment agreements. Second, it analyzes the legal act of maritime contestation as a force majeure event according to the possible interpretations of the concept of “force majeure”. Finally, it examines the most recurrent legal hazards susceptible of arising out of a contestation; provisional orders and unfavorable delimitation. 2019-05-20T07:00:00Z thesis application/pdf https://fount.aucegypt.edu/etds/1695 https://fount.aucegypt.edu/context/etds/article/2735/viewcontent/Foreign_20investments_20in_20disputed_20maritime_20zones_20__20hazem_20kassem_20.pdf The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy. The author has granted the American University in Cairo or its agents a non-exclusive license to archive this thesis, dissertation, paper, or record of study, and to make it accessible, in whole or in part, in all forms of media, now or hereafter known. Theses and Dissertations AUC Knowledge Fountain International Law International investment law
spellingShingle International Law
International investment law
Kassem, Hazem
Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts.
title Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts.
title_full Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts.
title_fullStr Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts.
title_full_unstemmed Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts.
title_short Foreign investments in disputed maritime zones : Maritime zonal disputes as events of force majeure between international law and international contracts.
title_sort foreign investments in disputed maritime zones maritime zonal disputes as events of force majeure between international law and international contracts
topic International Law
International investment law
url https://fount.aucegypt.edu/etds/1695
https://fount.aucegypt.edu/context/etds/article/2735/viewcontent/Foreign_20investments_20in_20disputed_20maritime_20zones_20__20hazem_20kassem_20.pdf
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