SEABED AUTHORITY CONCLUDES ELEVENTH SESSION
The 2005 session of the Assembly of the International Seabed Authority ended a day earlier this afternoon, after members adopted the recommendations of the Finance Committee, approved the report of the Credentials Committee and took note of a statement from the President concerning its work. The Authority’s eleventh session, which began in Kingston on 15 August, had been scheduled to conclude on Friday, 26 August.
The 148-member body deferred, to the next session, consideration and adoption of the regulations for prospecting and exploration for polymetallic sulphides and cobalt-rich crusts – a major item on the agenda of the session - because the Council had not completed its review.
The Authority will meet for its twelfth session from 7 to 18 August, 2006 in Kingston. In the work programme for the twelfth session priority will again be given to the draft rules and regulations on sulphides and crusts and to the work of the Finance Committee which will set a new two-year budget for the Authority. There will be elections for membership of the Legal and
Technical Commission and the Finance Committee.
