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Spratly Islands Economy 1999

    Economy—overview: Economic activity is limited to commercial fishing. The proximity to nearby oil- and gas-producing sedimentary basins suggests the potential for oil and gas deposits, but the region is largely unexplored, and there are no reliable estimates of potential reserves; commercial exploitation has yet to be developed.

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    Revised 1-Mar-99
    Copyright © 1999 Photius Coutsoukis (all rights reserved)