The scope of economic territory is defined to cover:
- Political frontiers including the territorial waters and air space.
- Embassies, consulates, military bases, etc located abroad, but excluding those located within the political frontiers.
- Ships, aircrafts etc, operated by the residents between two or more countries
- Fishing vessels, oil and natural gas rigs, etc operated by the residents in the international waters or other areas over which the country enjoys the exclusive rights or jurisdiction.