User:Smatrii/Maisiagalos memorandum

Maisiagalos memorandum (Lithuanian - Maišiagalos memorandumas, Latvian - Maišegala vienošanās) - a memorandum of understanding signed by the President of Lithuania and the President of Latvia on 20 May, 1995, stipulating the principles of delimitation of the boundary of territorial sea, continental shelf and exclusive economic zone between the both states.

History
In 20 May 1995 President of the Republic of Lithuania Algirdas Brazauskas and the Prime Minister of the Republic of Lithuania Adolfas Šleževičius met with the President of the Republic of Latvia Guntis Ulmanis and the Prime Minister of the Republic of Latvia Māris Gailis in a small Lithuanian town Maišiagala as a step foward for delimiting the common maritime boundary.

The Memorandum stated that the border of territorial sea is to be determined in accordance with Article 12 of the 1958 Convention of the Territorial Sea by the method of equal distances. The border of continental shelf and exclusive economic zone is to be determined as a middle line between the claims of both states. It comprised a clause that no agreements with third parties on the expluatation of resourses in the area of contention shall be made until the delimitation of the maritime boundary.

In 13 November 1996 the President of Lithuania A.Brazauskas following protests of Lithuanian people issued a decree revoking his signature from the agreement.

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