Can Timor Leste Avoid the Resource Curse?. By Charles Scheiner, La’o Hamutuk TAG Workshop, Dili 25 March 2004. Main points.
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By Charles Scheiner, La’o Hamutuk
TAG Workshop, Dili
25 March 2004
But it was blood.
Australia claims maritime territory throughout the southern hemisphere, greater than its land area.
Green: 24-mile Contiguous Zone
Orange: 200-mile EEZ
Blue: claimed Continental Shelf Prolongation
Australia took in an additional US$638 million from Laminaria-Corallina between November 1999 and 2002. This money all belongs to Timor Leste under current international legal principles.