U.S., Mexico, Cuba ready to sign "Doughnut Hole" deal in Gulf waters


  • World
  • Wednesday, 18 Jan 2017

MEXICO CITY (Reuters) - The United States, Mexico and Cuba aim to sign an agreement determining territorial water limits before U.S. President-elect Donald Trump takes office on Jan. 20, three diplomatic officials familiar with the matter said on Tuesday.

The accord will cover the Eastern Gap of the Gulf of Mexico, an area believed to be rich in oil and gas deposits. The three countries' overlapping claims in the Eastern Gap had created what is known as a "Doughnut Hole".

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