by Ted Bromund, James Carafano and Brett Schaefer, The Daily Signal
President Donald Trump recently proclaimed June 2018 to be National Ocean Month and stated his support for better utilizing the vast resources contained in America’s Exclusive Economic Zone, the 200-nautical mile zone off U.S. coasts over which the U.S. has jurisdiction.j
There are now sure to be renewed calls for the United States to accede to the United Nations’ Convention on the Law of the Sea—also known as the Law of the Sea Treaty—as a useful step in this process.
Finalized in 1982, the convention codifies long-standing rules of navigation, provides a dispute-settlement mechanism, and regularizes territorial boundaries at sea.
More controversially, the convention also establishes an International Seabed Authority, mandates royalties on deep-seabed resources, and transfers of revenues to landlocked and developing nations.
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