I feel that there is a very serious problem that is not being dealt with, and I hope you will be able to do so in your answer. Sovereign states agree to negotiate. If there are no constraints or obligations, or if there is no tribunal that can impose anything, negotiations take place between sovereign states. They will do as they wish in the way that they wish, as the old NAFO allowed.
What portions could be negotiated that would allow us to arrive at a permanent solution? We must remember that in the end, we are appealing to the sovereignty of each of these countries. The implementation becomes terribly difficult at some point because every country hides behind that sovereignty and decides in the end to enforce what they wish. At the end of the day, we are not making any progress, whether it is with the old NAFO or the new NAFO.