Argentina and the United Kingdom both claim over the Falkland/Malvinas , South Georgia and the South Sandwich Islands, and assert a variety of overlapping appertaining to these features. Several features currently occupied and administered by the United Kingdom and were the focus of an armed conflict between the two States in 1982. In the immediate aftermath of the conflict the United Kingdom declared a 150 nautical mile ‘Falkland Island Protection Zone' (FIPZ) designed to restrict and control the navigation of Argentinean vessels in waters surrounding the Islands. In 1986 the United Kingdom supplemented its 3 nautical mile claim around the Falkland Islands by (1) declaring an ‘Interim Conservation and Management Zone' (FICZ) projected 150 nautical miles from a fixed point located in the center of the Islands, and (2) reiterating its claim to the continental shelf surrounding the Islands. The limits of the FIPZ and FICZ are illustrated in Figure. The primary concern influencing the declaration of the FICZ was the rapid and unsustainable escalation of commercial fishing in waters surrounding the Islands between 1982 and 1986. The declaration of the FICZ and reiterated continental shelf claim prompted Argentina to issue a protest note reaffirming its sovereignty claim to the Islands and ‘its rights of sovereignty and jurisdiction over the surrounding maritime waters, sea-bed and marine sub-soil, rights which it will continue to exercise in its capacity as a in accordance with international .' In 1989 both States entered into negotiations with a view to normalizing diplomatic relations after they were broken off during the 1982 conflict. Design features of provisional joint management frameworks: Following talks held in Madrid in October 1989, both States issued a Joint Statement (1989 Joint Statement) concerning the sovereignty , consular relations and several cooperative measures. Paragraph 2 of the 1989 Joint Statement contains a ‘formula on sovereignty' (Madrid formula on sovereignty) reflecting an agreement to set aside and protect to sovereignty and maritime jurisdiction. It provides as follows: Both Governments agreed that: Nothing in the conduct or content of the present meeting or of any similar subsequent meetings shall be interpreted as: A change in the position of the United Kingdom with regard to sovereignty or and maritime jurisdiction over the Falkland Islands, South Georgia and the South Sandwich Islands and the surrounding maritime areas; a) A change in the position of the Argentine Republic with regard to sovereignty or territorial and maritime jurisdiction over the Falkland Islands, South Georgia and the South Sandwich Islands and the surrounding areas; b) Recognition of or support for the position of the United Kingdom or the Argentine Republic with regard to sovereignty or territorial and maritime jurisdiction over the Falkland Islands, South Georgia and the South Sandwich Islands and the surrounding maritime areas. No act or activity carried out by the United Kingdom, the Argentine Republic or third parties as a consequence and in implementation of anything agreed to in the present meeting or in…

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