A problem of defining a notion of "island" and the related question of right to possess maritime territories was particilarly in focus at the III. Conference on the Law of Seas particularly in relation to the perspective of setting up exclusive economic zones. There is over half a million islands on the world ocean differing widely from each other in area, situation, mineral resources, fauna and flora. The right of inhabited islands to posess their own economic zones and continental shelf was not questioned in so far as a substantial part of states declared themselves in favor of limiting or excluding the right to posess economic zones or shelf by rocks or uninhabited small elevations. Compromised art, 121.3 provides that "Rocks wh...