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Denmark, Norway Draw up Arctic Sea Boundary

source: Planet Ark | Feb 21, 06 | submitted by Pat Coate

Copenhagen, Denmark - Denmark and Norway on Monday delineated the maritime boundary between two islands in the Arctic Ocean, dividing prized fishing rights and potential oil reserves.

The new boundary divides the economic zones between Svalbard and Greenland down a median line, giving them equal share of the area.


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"With this agreement, the division of jurisdiction in the area is clarified."
- Jonas Gahr Stoere, Norwegian Foreign Minister

"It will be a significant contribution to clarity and predictability in what comes to use of resources in the area."
- Jonas Gahr Stoere
 

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