Abstract
Committee I of the Third United Nations Conference on the Law of the Sea is charged with responsibility for devising treaty provisions to govern the sea-bed and ocean floor beyond the limits of national jurisdiction, and in particular, for devising a regime for the management of the resources of this area. In addition, the committee has the task of preparing articles to provide for the equitable sharing by all states in the benefits derived from the international area, bearing in mind the special interests and needs of developing countries and having due regard to the rights and legitimate interests of states which may be affected by activities in the area. The committee is to be concerned, therefore, with the possible adverse effects on the economies of those developing countries which are land-based producers of the minerals likely to be derived from the international sea-bed area.
Published Version
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