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[Argentina once again applied to the International Tribunal for the Law of the Sea for interim measures to prevent the development of oil fields near the Falkland Islands] November 12th. The Argentine government stated on November 11, local time, that it had concluded its second round of representations at the International Tribunal for the Law of the Sea and once again requested the court to take urgent interim measures to prevent the United Kingdom from launching offshore oil exploration projects near the Malvinas Islands (referred to as the Falkland Islands, and the United Kingdom called the Falkland Islands). The Argentine Presidential Palace issued a statement on the same day saying that Argentina refuted the arguments put forward by the United Kingdom in its statement and emphasized that the court has the authority to hear the case and that the rights claimed by Argentina have a reasonable basis. At the same time, it was pointed out that if the UK unilaterally advances oil and gas development before the end of the arbitration proceedings, it may cause irreparable damage, so it is necessary to urgently take interim measures. Argentina emphasized that this application is not asking the court to rule on the sovereignty of the Malvinas Islands, but hopes to prevent the UK from unilaterally developing natural resources with sovereignty disputes before the arbitral tribunal intervenes. The International Tribunal for the Law of the Sea is expected to make a decision about three weeks after the hearing, according to the Argentine presidential palace. (CCTV News)
Global market intelligence 🕐 2026-11-12 07:07

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