동티모르-호주 강제조정 및 해양경계획정 합의에 관한 분석

On 6 March 2018, the Treaty[Treaty between Australia and the Democratic Republic of Timor-Leste Establishing their Maritime Boundaries in the Timor Sea] has been concluded. Next on 9 May 2018, the Report and Recommendations by the Commission has been published. This Report is the outcome of the first Conciliation procedure under the UNCLOS dispute settlement mechanism, through which it would be fathomed what the procedure of conciliation under the UNCLOS and how a conciliation commission work for providing amicable solution. This Article aims to scrutinize the Report together with the dispute history, several joint development agreements over Timor sea area, conciliation procedures, conciliation contents and finally outcome of conciliation, the Treaty about maritime delimitation and Greater Sunrise gas filed. And lastly it provides implications to the Korea-Japan Joint Development Zone and future maritime delimitation. In 3 points these two cases are alike each other; the maritime area within 400 nm, establishment of joint development zone from mid maritime area toward a coast of the one State, and origination of continental shelf from the other State. Even though maritime delimitation line was drawn along the median line, but the crucial point of negotiation could be interpreted as a new joint development regime over the Greater Sunrise oil field. It is rather understood that this new joint development regime enabled concession from Australia, the median line. It shows clear indication that the implementation of the Korea-Japan Joint Development should be resumed.