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How many core principles are laid down in the United Nations Declaration of Permanent Sovereignty over Natural Resources?
Question

How many core principles are laid down in the United Nations Declaration of Permanent Sovereignty over Natural Resources?

A.

Five core principles

B.

Six core principles

C.

Seven core principles

D.

Eight core principles

Correct option is D


The UN General Assembly Resolution 1803 (XVII) on Permanent Sovereignty over Natural Resources (1962) outlines eight core principles. These include:
· Sovereign right over natural resources
· National development and well-being
· Respect for international economic cooperation
· Foreign investment under regulation
· Non-discrimination
· Compensation for expropriation
· Sovereignty subject to international law
· Disputes to be resolved peacefully
Information Booster:
· This resolution is foundational to international environmental law and state sovereignty.
· It links economic independence with resource control, influencing policies of developing countries.

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