UNITED NATIONS, United States - After years of talks, United Nations’ member states finally agreed to a text on the first international treaty to protect the high seas, a fragile and vital treasure that covers nearly half the planet.
The treaty is seen as essential to conserving 30 per cent of the world’s land and ocean by 2030, as agreed by world governments in a historic accord signed in Montreal in December.delegates finalised a text that cannot be significantly altered.The agreement will be formally adopted at a later date once it has been vetted by lawyers and translated into the United Nations’ six official languages, she announced.
The high seas begin at the border of countries’ exclusive economic zones, which extend up to 370km from coastlines. They thus fall under the jurisdiction of no country. The treaty on the “conservation and sustainable use of marine biodiversity in areas beyond national jurisdiction” also obliges countries to conduct environmental impact assessments of proposed activities on the high seas.
Eventual profits are likely from the pharmaceutical, chemical or cosmetic use of newly discovered marine substances that belong to no one.
Source: Law Daily Report (lawdailyreport.net)
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