Bank Of Baku

Romania wins the territorial dispute with Ukraine

Romania wins the territorial dispute with Ukraine
# 03 February 2009 13:29 (UTC +04:00)
New York–APA. UN International Court of Justice ruled the decision on the case of Snake Island disputed between Romania and Ukraine, APA reports. The territorial limits of the continental shelf around Snake Island were delineated by the International Court of Justice on 3 February 2009. According to the court decision, the island is out of the area of Ukraine’s economic influence. Ukrainian-Romanian dispute over the Snake Island existed for long years. Significant oil fields were found near the Black Sea Island and sharing of the continental shelf between the two countries depends on the island’s status.
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