Legal Consequences of Hesitancy over Deep-sea Mining
Negotiations on draft text regulations for deep seabed mineral exploitation activities will resume next week at the International Seabed Authority (ISA) in Kingston, Jamaica. Owing to the invocation of a treaty provision known as the two-year rule in June 2021, the Council of the ISA is faced with a deadline to complete and adopt the regulations by 9 July 2023. It is likely that the Authority will miss this deadline. What will happen in this case? A RIFS Discussion Paper provides some insights and possible interpretations.