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Date : 20-05-2024 12:24:09
The issue of minerals in the Madrid Protocol
Article 7 of the Madrid Protocol expressly prohibits any activity related to the exploitation of Antarctic mineral resources, except for scientific research.
In principle, this prohibition of exploration and exploitation of mineral resources is valid indefinitely, although Article 25 of the Protocol establishes the possibility that any Consultative Party may request a review of the application of its content, once 50 years have elapsed since the entry into force of the Protocol (in the year 2048).
This provision applies by extension to Article 7. With particular reference to mineral resources, Article 25, in its first paragraph, establishes that, before proceeding with an amendment to Article 7, a series of circumstances and preconditions must be met.
It is for this reason that some authors maintain that the Protocol establishes a 50-year moratorium on the exploration and exploitation of Antarctic minerals, although, in fact, a moratorium would imply the automatic fall of the provisions of Article 7, and this is not exactly the case raised by Article 25.
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