Seabed Authority Issues Draft Framework for the Regulation of Exploitation Activities

JAMAICA, Kingston (13 March 2015) - - The International Seabed Authority today issued a Report by the Legal and Technical Commission to Members of the Authority and all stakeholders in response to the Council’s request at its 20th Session to make available a draft framework for the regulation of exploitation, following the Commission’s February 2015 meeting (see ISBA/20/C/31, paragraph 3).

The Report benefits from feedback by stakeholders to the Stakeholder Survey issued by the Authority in March 2014 and discussions by the Members of the Commission during their February meeting.

The draft framework contained in the Report is accompanied by a discussion of high level and strategic issues the Commission considers of significance in advancing the development of the Authority’s rules, regulations and procedures for exploitation. Additionally, the Report contains a draft action plan to further such development.

Members of the Authority and all stakeholders are invited to comment on the suggested framework, high level issues and draft action plan presented. This will enable the Commission to provide the Council with an updated status report and action plan at its 21st Session and to seek Council’s endorsement of recommended next steps.

The Report highlights the Authority’s commitment to an open and inclusive dialogue with stakeholders in the development of the regulatory framework and recognition of the need to engage with a wider and multi-disciplinary audience of experts.

The closing date of responses to the draft framework is Friday, 15 May 2015 at 1800hr (EST). Submissions can be sent by post to:

Report to Stakeholders (ISBA/Cons/2015/1)
International Seabed Authority 
14-20 Port Royal Street
Kingston
Jamaica
 
Submissions (in either Microsoft Word or PDF format) can also be emailed to: consultation@isa.org.jm