" The coastal State shall promote the objective of optimum utilization of the living resources in the exclusive economic zone without prejudice to article 61."
DEFINITION OF TERMS IN THIS CLAUSE
β‘ land beside or near to the sea or ocean
β‘ Abbreviation for Exclusive Economic Zone (defined in the Law of the Sea Convention).
β‘ The term is used to mean that the stock is being exploited in complete harmony with management ob- jectives. Since these objectives can be biological, eco- nomic or social, the term Optimum can have different implications in terms of harvest rates.