Correct spelling for the English word "EEZS" is [ˈiːzz], [ˈiːzz], [ˈiː_z_z] (IPA phonetic alphabet).
EEZS stands for Exclusive Economic Zone Schemes. It refers to a concept related to maritime boundaries and the exploitation of marine resources. An Exclusive Economic Zone (EEZ) is a maritime zone established by the United Nations Convention on the Law of the Sea (UNCLOS), which grants a coastal state specific rights over the exploration and exploitation of natural resources in the waters extending up to 200 nautical miles (370 kilometers) from its coastline.
The concept of EEZS encompasses the various schemes developed by coastal states within their respective exclusive economic zones. These schemes typically outline policies and regulations regarding the allocation of fishing rights, the exploration and extraction of oil and gas reserves, the establishment of wind farms, and other economic activities within their maritime boundaries.
EEZS aims to balance the interests of coastal states with the international community. It enables coastal states to exercise sovereign rights over the resources in their exclusive economic zones, while also promoting sustainable development and the conservation of marine ecosystems. By implementing EEZS, countries can engage in economic activities while still respecting the rights of other states in nearby waters.
The delineation and management of EEZS are crucial for maintaining peaceful relations between neighboring states and preventing territorial disputes. It provides a legal framework that helps govern maritime boundaries and establish guidelines for resource exploitation, contributing to the overall stability and prosperity of coastal states.