Abstract
The negotiations concerning the establishment of an International Seabed Resources Agency (ISRA) raise three research questions: 1) what is the current state of the ISRA negotiations, and how have they evolved; 2) what effect do New International Economic Order (NIEO) considerations have on national behavior in these negotiations; and 3) can the ISRA negotiations “succeed” (reach a positive-sum-type outcome) and produce a comprehensive Law of the Sea treaty? A methodology based on thematic content analysis is useful in answering these questions. Despite recent concessions by developed states, continued stalemate in the negotiations is likely. The Group of 77's position has hardened as it has become increasingly united behind demands for a New International Economic Order for the seabeds. Short of a breakthrough on ISRA, neither the ISRA negotiations nor the Law of the Sea Conference can succeed. Such a breakthrough might be generated either by verbal acceptance of the NIEO by the North, or by side payments.
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