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The UNCLOS 1982
The UNCLOS 1982 does not stop at gauging the limits of the territory of coastal states. Other features of the Convention include the right of transit of landlocked states. The object of this provision is to provide sea access to landlocked states for the purposes of trade. This comprises of the right to deliver commodities to a transit state for shipment. Furthermore, the distribution of resources from the sea to their landlocked neighbors is also included in the 1982 Convention. Coastal states are under an obligation to enter into an agreement with adjacent landlocked states to negotiate the distribution of resources acquired from the EEZ.
Continuing Guarantees – Negotiable Instrument A continuing guarantee is such type of a guarantee that extends to a series of transactions, so and such is not exhausted through
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