This Agreement permanently settles the limits of the territorial seas, continental shelf, and exclusive economic zones of the Parties and any other marine or submarine area already established or may be established by the Parties, and provides for related matters. Article II gives co-ordinates of the delimitation lines of marine and submarine areas of Venezuala and the Netherlands Antilles. Article 4 provides for right of navigation and overflight and for possible establishment of sea-lanes. The Parties shall, as much as possible coordinate the laws and regulations of each Party respecting conservation and exploitation of living resources in the adjacent waters of both countries (art. 10).