Archives
1st Part of the 25th Annual Session of the International Seabed Authority (ISA)
Delegates tackled the herculean task of building the legal, institutional, and economic frameworks of an unprecedented expedition. The outcome of these deliberations, the draft regulations on exploitation of mineral resources in the Area, will govern future relevant activities in the oceans. As a long-standing negotiator emphasized, ‘We have the opportunity to get it right. We have the opportunity to show the world that fair benefit-sharing can take place.”