Outline the main features of the current legal regime for the Essay

Outline the main features of the current legal regime for the exploitation of the International Seabed - Essay Example The United Nations’ resolve was timely to intervene in terms of internationally acceptable legal framework, to assist states to achieve an equitable access to the resources bestowed to these uncertain areas. This study attempts to analyse the features of the current legal regime that touches on the international sea exploitation. It explores internationally set regulations and conventions attempting to introduce control and order over the resources. In the first section, origin of conventions and bodies associated with the control of international seabed exploitation is visited. Perhaps it is appropriate to lay the foundation to the current regulatory framework, by briefly mentioning some of the earliest conventions aimed at introducing order at the international seabed. In line with this, the discourse adopts a chronological order for the conventions, it terms of the date of formulation. The second section explores features of some of the regulations thereon. Current legal regime concerning international seabed could have obtained inspirations from a few international regulations formed several decades before. Perhaps a major development in the 17th century towards the same spirit was the Freedom of the Sea Concept which was generated in the context of orderliness in high seas.1 Later, it was common for such regulations such as the Copenhagen Convention of 1857, whose limited scope of intentions was to introduce order in the handling of access of the Baltic Sea. There was territorial uncertainty in the preceding year, compromising shipping routes, which was resolved by a financial undertaking for Sound and Belt dues handing it over to Denmark.2 The Hague Conference of 1930 was convened with an intention of defining regulations to govern international waters control.3 However, the initial ambition by the LON for creation of an international seabed