On Thursday, the Council of the International Seabed Authority (ISA) focused on issues related to the Enterprise, an organ foreseen in United Nations Convention on the Law of the Sea (UNCLOS) as ISA’s own mining arm. Delegates discussed the operationalization of the Enterprise, a joint venture proposal with the Government of Poland, and a draft decision on the terms of reference for the Special Representative for the Enterprise.
Highlights of the day include:
exchange of ideas on operationalizing the Enterprise, which many delegates see as an important manifestation of the common heritage principle;
an initial discussion on a draft proposal for a joint venture between the ISA and Poland, with a view to have on the agenda a full proposal for consideration at the next Council session, in July 2019;
deliberations on developing a set of rules and regulations that will govern future joint ventures;
insights from Eden Charles (Trinidad and Tobago), Special Representative for the Enterprise; and
extensive negotiations on the terms of reference for the renewal of the term of the Special Representative.
IISD Reporting Services, through its Earth Negotiations Bulletin (ENB) Meeting Coverage, provided daily web coverage and daily reports from the 1st Part of ISA-25. In addition, IISD Reporting Services, has published a summary and analysis report of the meeting, which is available in HTML and PDF.
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