Burgo-Tierradoran EEZ Exploitation Settlement (2003): Difference between revisions

Burgo-Tierradoran EEZ Exploitation Settlement (2003) (view source)

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 == The settlement ==
-The [[League of Nations]] finally agrees to a resolution to condemn [[Burgundie]] and force it to join an arbitration with [[Tierrador]]. After 4 months of negotiation the Burgo-Tierradoran EEZ Exploitation Settlement is reached. [[Burgundie]] agrees never to return to the [[Tierrador]]an EEZ and to pay $200million to a financial assistance fund that supports [[Tierrador]]an small local fisherman during seasons where they don't catch enough fish to make ends meet as a result of [[Burgundie]]'s overfishing.
+In early 2003, The [[League of Nations]] finally agreed to a resolution to condemn Burgundie and force it to join an arbitration with Tierrador. After 4 months of negotiation the Burgo-Tierradoran EEZ Exploitation Settlement is reached. Burgundie agrees to withdraw its distant-water fleet permanently from the Tierradorian EEZ, and is forced to pay $200 million (₽218 million [[ponča]]) to a financial assistance fund which provides support to Tierradorian small local fisherman during seasons where they experience shortages of fish due to the rampant overfishing of the EEZ by the Burgoignesc distant-water fleet.
 == Aftermath ==