Global Governance of Oil and Gas Resources in the International Legal Perspective. Joanna Osiejewicz

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Global Governance of Oil and Gas Resources in the International Legal Perspective - Joanna Osiejewicz Studies in Politics, Security and Society

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Although the use of the notion of statehood in individual cases is often controversial, the term “state” has a fairly well-defined meaning.96 The UN resolutions often refer to the so-called “undeveloped countries”, and after 1960 to the so-called “developing countries”. Doctrine further categorizes these concepts.97 Since the debate on permanent sovereignty, it has become obvious that these are the general terms covering all African countries (except for South Africa before 1994), Asia (with the exception of Japan), and Latin America, and some European countries such as Albania, Cyprus, and Malta.98 The Vienna conventions on succession99 introduced an additional sub-category of “newly independent states”, stating that agreements between the state’s predecessor and the newly independent state cannot violate the principle of permanent sovereignty of any nations. The term “newly independent state” is defined as the successor state, within whose territory a dependent territory was located directly before the date of succession, and for whose international relations the state-antecedents were responsible.100 In the Compensation Advisory Opinion (1949), the International Court of Justice stated that the UN is an “international person” and a “subject of international law capable of possessing rights and duties”.101 Later, other intergovernmental organizations were treated in a similar way. The circle expanded even further due to legal changes related to the principle of self-determination of nations and human rights, which granted nations and individuals rights and obligations under international law. Transnational corporations obtained a limited, functional international personality.102 This is evidenced by a number of international legal documents, i.e.: procedures provided for in the World Bank Convention on the International Settlement of Investment Disputes between States and Nationals of Other States;103 the provisions of the World Bank Convention Establishing the Multilateral Investment Guarantee Agency (MIGA) that allow MIGA subrogation to such rights or claims related to guaranteed investments that the beneficiary of the guarantee may report to the host state and other debtors;104 and international dispute resolution provisions regarding mineral deposits in the sea and ocean beds contained in the UN Convention on the Law of the Sea (1982).105 However, it should be noted that this legal status is conditional because it depends on the prior approval of the corporation’s state of origin to comply with the treaties and, in the case of the law of the sea, on financing of a given enterprise by the state. Finally, reference should be made to the development of the concept of “mankind”, which covers both present and future generations. In international law, with regard to the oceans, the cosmos and the global environment, laws and powers fall to mankind as such.106

      

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