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English definition of “exclusive economic zone”

exclusive economic zone

noun [C]
 
 
( abbreviation EEZ) NATURAL RESOURCES
an area of sea around a country where only that country has the right to take something valuable such as fish or oil: Coastal nations are granted sovereignty over 12 nautical miles from their shores, creating a 200-mile exclusive economic zone.
(Definition of exclusive economic zone from the Cambridge Business English Dictionary © Cambridge University Press)
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