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The world's exclusive economic zones by boundary types and EEZ types. An exclusive economic zone (EEZ), as prescribed by the 1982 United Nations Convention on the Law of the Sea, is an area of the sea in which a sovereign state has exclusive rights regarding the exploration and use of marine resources, including energy production from water and wind.
The Special Economic Zones of China (SEZ) are designated zoned areas in China with unique economic policies and regulations often for business with foreign nations and enterprise. These zones typically foster more free-market -oriented business regulations compared to the rest of the country.
Schematic map of maritime zones (aerial view). Territorial waters are informally an area of water where a sovereign state has jurisdiction, including internal waters, the territorial sea, the contiguous zone, the exclusive economic zone, and potentially the extended continental shelf (these components are sometimes collectively called the maritime zones [1]).
This makes the contiguous zone a hot pursuit area. Exclusive economic zones (EEZs): These extend 200 nmi (370 km; 230 mi) from the baseline. Within this area, the coastal nation has sole exploitation rights over all natural resources. In casual use, the term may include the territorial sea and even the continental shelf.
Features, limits and zones. A maritime boundary is a conceptual division of Earth's water surface areas using physiographical or geopolitical criteria. As such, it usually bounds areas of exclusive national rights over mineral and biological resources, [1] encompassing maritime features, limits and zones. [2]
The definition of an SEZ is determined individually by each country. According to the World Bank in 2008, the modern-day special economic zone typically includes a "geographically limited area, usually physically secured (fenced-in); single management or administration; eligibility for benefits based upon physical location within the zone; separate customs area (duty-free benefits) and ...
NEW YORK (Reuters) -The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries ...
Economic zone may refer to: Exclusive economic zone , an area of sea over which a sovereign state has special rights Special economic zone , an area within a country in which the business and trade laws differ from elsewhere