Ivan Amarasinghe, presenting “A Proposal for Non-Traditional Resources Exploitation within the UN Allocated EEZ and the Ocean University of Sri Lanka”
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Executive Summary of the Proposal
The Indian Ocean around Sri Lanka contains vast, precious minerals which have so far not been explored or exploited by Sri Lanka. A review of recent scientific literature indicates that powerful States and Corporate sectors are active within the area. The support of the United Nations [UN] is sought to legally delineate the national Extended Economic Zone [EEZ] in keeping with the UN Convention on Law of the Sea [UNCLOS]. Sri Lanka must urgently guard its ocean resources before they are exploited to exhaustion by others. Sri Lanka must ensure forex earnings through a new policy on sustainable exploitation of ou ocean resources.













