Mexico, Cuba, U.S. talk again on 'Doughnut Hole' in Gulf Waters



Officials from Mexico, the United States and Cuba met on Thursday for a second round of talks on the limits of the Western Polygon, an oil-rich area in the waters of the Gulf of Mexico, two people close to the discussion said.
Talks about who owns what is in the so-called "Doughnut Hole" were prompted after Cuba and the United States announced they would restore diplomatic ties in late 2014.
International law gives countries the right to any resources found in the sea within 200 nautical miles of their territory. But when areas overlap, as they do in the case of the resource-rich... read more

 
30 September 2016 in Business, Views: 50
Source: Reuters
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