The Nigeria São Tomé & Príncipe Joint Development Zone (JDZ) is an area of overlapping maritime boundary claims that will be jointly developed by the two countries.
The Heads of State of Nigeria and of São Tomé & Príncipe in November 1999, provided the mandate for officials of both countries to commence negotiations on the territorial claims of the two countries. In December 1999 formal maritime boundary talks commenced and in August 2000 the Heads of State agreed on the joint development of resources in this region.
A formal Treaty on the joint development of resources was developed following a period of discussions, and this has now been signed and ratified by the two countries. The Treaty was signed by Heads of State and subsequently ratified by respective legislatures in February 2001.
|