The waters bounded by a line due east from the coast of South America at 48°00'S latitude to where it meets the meridian at 50°00'W longitude; thence due south to the paralell at 60°00'S latitude; thence due west along this parallel to the meridian at 67°16'W longitude; thence due north to the point at 56°22'S - 67°16'W; thence due east to 65°43‘W longitude; thence due north to 55°22‘S latitude; thence following a loxodromic line joining the points at 56°22'S - 65°43'W; 55°11'S - 66°04'W; 55°07'S - 66°25'W; thence in a northwesterly direction along the coast of South America; thence across the Strait of Magellan; thence in a northerly direction along the coast to the starting point.