THE FALKLAND ISLANDS MAY ALL OF A SUDDEN BE VERY, VERY VALUABLE

By Bob Walsh

 

Falkland Islanders

 

 

There is apparently a huge sea of oil in Antarctica.  Perhaps ten times as large as the North Sea discovery years back.  That may start getting interesting.

By international treaty no one county can assert ownership of land in Antarctica.  However you can maybe make certain boundary claims based on land that your county does with0ut dispute own.  Britain, which owns the Falklands, has a claim in this area that overlaps claims by Argentina and Chile.  

The U.K. would, if push came to shove, be handicapped in their claim due to the fact that their navy is a shadow of its former self.    

There will no doubt be years of legal wrangling with countries like China and Russia, who have no qualms about shoving their camel's nose into other people's tents, pushing the envelope.

Just thought you might like to know, in case you own a sheep ranch in the Falklands.