Consequently, they decided "to proclaim and defend on behalf of their peoples the existence of their sovereignty over this natural resource." Second, the Declaration refers to "Sovereignty of Equatorial States over the Corresponding Segments of the Geostationary Orbit." Here the authors mention the concept of permanent sovereignty over natural resources, and in particular, General Assembly Resolution 2692 (XXV). Reference is also made to General Assembly Resolution 3281 (XXIX) which is "The Charter of Economic Rights and Duties of States." Relying on these documents the Bogota States conclude that "the above mentioned provisions lead the equatorial states to affirm that the synchronous geostationary orbit, being a natural resource, is under the sovereignty of the equatorial states." Third, they refer to the "Legal Status of the Geostationary Orbit." In this section the Bogota States indicate that their move will benefit their national interests and those of the universal community instead of the most developed countries. They make no claim to segments of the orbit situated above the "open sea." This area is considered to be beyond the "national jurisdiction of states" and is to be considered as appertaining to the Common Heritage of Mankind. During the discussions of the Bogota Declaration at meetings of the Scientific and Technical Sub-committee of COPUOS, attention had been drawn to the Common Heritage of Mankind concept. Thus, Ecuador has noted that segments of the geostationary orbit "corresponding to the high seas beyond the limits of national jurisdiction Ibid. Ibid., p. 5. Ibid., pp. 5-6.
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