Nicaragua-Honduras border dispute before UN.
The U.N.'s highest court in The Hague, Netherlands opened
hearings into a maritime border dispute between Nicaragua and Honduras,
which almost triggered a war in 1999, reports Reuters (March 5, 2007).
Nicaragua filed a claim with the International Court of Justice in 1999,
asking the court to determine the mutual border in the Caribbean Sea which it argues has never been established, while Honduras claims it was
set by the king of Spain in 1906 and upheld by the world court in 1960.
The disputed territory offers rich fishing waters and potential oil and
natural gas reserves.