Tag: resource economics

Presentations from the International Conference on Maritime Challenges and Market Opportunities

Maritime disputes have emerged as major potential flashpoints in the Asia-Pacific region. The tense confrontations that have threatened regional security and stability are fueled by the complex historical relationships between countries, disagreement over maritime sovereignty issues, divergent understandings of international law, and many countries’ relentless pursuit of their national interests. Yet oceans need not be a source of regional tensions. On the contrary, these vast maritime expanses provide opportunities for cooperation among all relevant stakeholders. Oceans are crucial to international trade, global development, and human wellbeing and will play an increasingly significant in the global economy in the future.

To broaden our knowledge of the relationship between regional maritime and global economic issues, Taiwan Center for Security Studies (TCSS) hosted the International Conference on Maritime Challenges and Market Opportunities: “Facilitating Cooperation in the Asia-Pacific” on August 29–30, 2017, which was attended by domestic and foreign participants from academia and industry. In addition to maritime security and geopolitical issues, the conference also explored other key topics related to maritime affairs, including the sustainability of the ocean economy, fishing, shipbuilding, maritime energy (e.g. tidal power, offshore wind energy), seabed resources, emerging blue-water technologies, maritime startups, marine environmental protection, marine tourism, and the oceanic cultural and creative industries.

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What are the implications of the Award in the Philippines v. China arbitration case for fishing and the exploitation of living resources?

Although the Award clarifies littoral states’ rights and entitlements under UNCLOS regarding fishing and the exploitation of living resources in certain areas of the South China Sea, there remains controversy as China and Taiwan have indicated that the Award has no legal effect on their rights, entitlements, and activities in the maritime area. This disagreement and lack of resolution of the issue raises the possibility of three scenarios – two positive and one negative – emerging.

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Time to Revive the Joint Marine Seismic Undertaking in the South China Sea?

Issue Briefings 15 • 2016 • By Carlos Santamaria

A decade ago, China and the Philippines demonstrated that they had the resolve to cooperate on joint exploration projects, but nationalist outcry in the Philippines derailed these efforts. Now that the Philippines v. China arbitration case has concluded, reviving the Joint Marine Seismic Undertaking (JMSU) or a similar program may once again offer a win-win solution.

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Taiwan’s Energy Dependence and the Securitization of SLOCs

Issue Briefings 6 • 2015 • By Serafettin Yilmaz

Almost entirely dependent on imported energy resources, the securitization of sea lines of communication in the South China Sea is a critical aspect of Taiwan’s energy security.

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Assessing China’s Land Reclamation in the South China Sea

Issue Briefings 4 • 2015 • Sukjoon Yoon

China’s unprecedented land reclamation projects have emerged as one of its key strategies in the South China Sea, yet evidence suggests that these efforts may not represent the country’s broader long-term interests.

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