International Environmental Law-Making and Diplomacy 2008 65

The UN Law of the Sea Convention provides that the deep seabed and its resources are the common heritage of mankind. One implication of this provision is that the benefits arising from the exploitation of the resources of the seabed should be shared equitably and fairly. The Convention, however, provides that for this purpose, resources means mineral resources. This has led to a debate over the legal regime applicable to marine genetic resources. This article assesses those arguments as well as the platforms in which they take place.

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