Deep Seabed Mining Insights: The Role and Rights of Sponsoring States under the UNCLOS Regime
The International Seabed Authority failed to meet its July 2023 deadline to adopt regulations on the exploitation of deep seabed mineral resources. This article outlines the key legal rights of Sponsoring States under UNCLOS and highlights important considerations Sponsoring States should keep in mind as discussions continue on the development of the Authority’s regulatory regime for exploitation.