U.S. and Canada to negotiate Beaufort Sea maritime boundary amidst rising Russia and China interest.

The U.S. and Canada plan to negotiate the maritime boundary in the Beaufort Sea, an area of potential oil and gas reserves, amid rising interest from Russia and China. A joint task force will address overlapping claims stemming from the 1825 Anglo-Russian treaty. This move follows the U.S. government's decision to restrict oil and gas leasing in nearly 3 million acres of Arctic waters, reflecting ongoing environmental concerns.

September 24, 2024
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