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Boldness and expansion: Portugal seeks to increase its territory by 21 million square kilometers and surprises everyone
Portugal a country with a rich history of exploration and colonization, is once again venturing to expand its borders. This time, the Iberian nation is focused on expanding its maritime territory. Through a strategic claim to the continental shelf, Portugal has the potential to double its size, accessing vast natural resources and strengthening its economy.
The Portuguese government has invested in technology and sustainable exploration to achieve this audacious objective. Let's explore the details of this endeavor and understand how Portugal plans to transform its exclusive economic zone (EEZ) in the Atlantic, according to financial capital.
A story of exploration and conquest
Portugal, known for its era of discovery in the 15th century, once dominated vast regions around the world. Currently, the country still has a significant EEZ due to its archipelagos: Madeira and Azores. This vast maritime area provides Portugal not only with exclusive fishing rights, but also with the opportunity to explore underwater mineral resources.
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According to United Nations Convention sobre or Law of the Sea, Portugal can extend its EEZ to the limit of its continental shelf. This platform, which extends beyond the 200 nautical miles from the coast, it is extremely vast. The total length can reach more than 21 million square kilometers, placing Portugal in a strategic position to explore resources such as zinc, copper and gold.
National strategy for the sea: the ambitious plan
The Portuguese government is not just claiming territory; is implementing a National Strategy for the Sea (NM). This strategy aims to increase the contribution of the maritime sector to national GDP by 50%. To achieve this goal, Portugal plans to build new ports and develop infrastructure that connects the country to other parts of Europe. This will include the use of advanced technologies to monitor and exploit the new EEZ in a sustainable way.
But it is not just the exploitation of natural resources that is at stake. Territorial expansion will allow Portugal to intensify its fishing capacity, vital for the local economy. Furthermore, the National Strategy for the Sea includes research and development initiatives, promoting technological innovation in the maritime sector.
Challenges and international resistance
Although territorial expansion is a clear goal, Portugal faces resistance from several countries, including United Kingdom, Iceland and South Africa. These nations have competing interests in the region and question the legitimacy of Portuguese claims.
Despite objections, Portugal remains firm in its mission. Utilizing a sustainable development approach, the country is committed to respecting international standards as it seeks to increase its maritime influence. The Portuguese government has emphasized the importance of international collaboration and is open to dialogue to resolve disputes.
Bright future for the Portuguese economy
Portugal's commitment to expanding its maritime territory is aligned with a period of significant economic growth. The Portuguese economy is expected to be one of the fastest growing in Europe in 2022. With the successful implementation of National Strategy for the Sea, Portugal will be able to further consolidate its economic position, making the most of the resources of its vast EEZ.
Therefore, Portugal's ambition to double its maritime territory is not just a grandiose dream. It is a strategic plan based on technology, innovation and sustainable development, with the potential to transform the country’s economic future.
An expanding country
Portugal is determined to increase its territory and sustainably explore sea resources. This bold plan, which involves advanced technology and a National Strategy for the Sea, shows the country's ability to adapt and innovate. International resistance may be an obstacle, but Portugal's economic growth trajectory suggests that the future is promising. We will closely monitor how this story unfolds and the impact it will have on the global economy.
Crazy idea... Portugal fishes in areas of other countries, if it expands its territorial waters, they will demand exceptions and a large part of the foreign exchange comes from fishing... Did you agree with the Scandinavians, Irish, Danes?
PORTUGAL DOES NOT NEED A CONCESSION, IT IS THE OWNER, IT HAS THE RIGHT TO EXPANSION, THE COUNTRY HAS ALREADY SUFFERED FROM ITS GREED, NOW IT DESERVES THE SUPPORT OF ALL COUNTRIES!
“The Portuguese economy is expected to be one of the fastest growing in Europe in 2022.”
Guys? Is this text old or what? I don't believe that in addition to the AI designs the text is also old, this is too incomprehensible people, yikes.