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Paragraphs in "First Arrangement Implementing The Nauru Agreement Setting Forth Minimum Terms And Conditions Of Access To The Fisheries Zones Of The Parties" coded as DESCR

Label Provision
Pre.1 The Federated States of Micronesia, the Republic of Kiribati, the Marshall Islands, the Republic of Nauru, the Republic of Palau, Papua New Guinea and Solomon Islands,
Pre.2 Taking into account the work of the Third United Nations Conference on the Law of the Sea;
Pre.3 Noting that, in accordance with the relevant principles of international law, each of the Parties has established an exclusive economic zone or fisheries zone (hereinafter respectively called "the Fisheries Zones") which may extend 200 nautical miles from the baselines from which their respective territorial seas are measured and within which they respectively and separately exercise sovereign rights for the purposes of exploring, exploiting, conserving and managing all living marine resources;
Pre.4 Having regard to the objectives of the South Pacific Forum Fisheries Agency Convention and in particular the promotion of regional cooperation and coordination of fisheries policies and the need for the urgent implementation of these objectives through regional or sub-regional arrangements;
Pre.5 Conscious of the exploitation of the common stocks of fish, both within the Fisheries Zones and in the waters adjacent thereto, by the distant water fishing nations;
Pre.6 Mindful of their dependence, as developing island States, upon the rational development and optimum utilization of the living resources occurring within the Fisheries Zones and, in particular, the common stocks of the fish therein;
Pre.7 Recognizing that only by cooperation in the management of the Fisheries Zones may their people be assured of receiving the maximum benefits from such resources;
Pre.8 Desirous of establishing, without prejudice to the sovereign rights of each Party, arrangements by which this may be achieved.
Pre.9 Have agreed as follows: