Enterprise (operational arm of the International Seabed Authority)

E309914

The Enterprise is the planned commercial and operational arm of the International Seabed Authority, intended to directly undertake deep seabed mining activities on behalf of humankind under the UN Convention on the Law of the Sea.

All labels observed (1)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf commercial arm of an intergovernmental organization ⓘ
operational arm of the International Seabed Authority ⓘ
planned international organization ⓘ
actsOnBehalfOf humankind as a whole ⓘ
associatedWithConcept deep seabed as common heritage of mankind ⓘ
authorizedBy Assembly of the International Seabed Authority ⓘ
beneficiaries mankind as a whole ⓘ
canEnterJointVenturesWith States Parties to the United Nations Convention on the Law of the Sea ⓘ
natural or juridical persons sponsored by States Parties ⓘ
state enterprises ⓘ
describedAs commercial and operational arm of the International Seabed Authority ⓘ
establishedBy United Nations Convention on the Law of the Sea ⓘ
establishedInInstrument Annex IV of the United Nations Convention on the Law of the Sea ⓘ
function to conduct mining of other marine minerals in the Area ⓘ
to conduct mining of polymetallic nodules in the Area ⓘ
governedByPrinciple common heritage of mankind ⓘ
headquarteredIn Kingston, Jamaica ⓘ
legalBasis 1994 Agreement relating to the Implementation of Part XI of the United Nations Convention on the Law of the Sea ⓘ
Part XI of the United Nations Convention on the Law of the Sea ⓘ
United Nations Convention on the Law of the Sea ⓘ
locatedInJurisdiction International Seabed Area ⓘ
mandate to carry out activities in the Area on behalf of humankind as a whole ⓘ
to directly undertake deep seabed mining activities ⓘ
to operate in accordance with the common heritage of mankind principle ⓘ
to participate in exploration and exploitation of mineral resources of the Area ⓘ
mayReceive funding and technology from States Parties ⓘ
funding and technology from other entities acting in association with the Authority ⓘ
funding and technology from state enterprises ⓘ
obligation to comply with rules, regulations and procedures of the International Seabed Authority ⓘ
to ensure effective protection of the marine environment from harmful effects of activities in the Area ⓘ
operatesIn the Area (seabed and ocean floor and subsoil beyond national jurisdiction) ⓘ
operationalScope beyond limits of national jurisdiction ⓘ
parentOrganization International Seabed Authority ⓘ
partOf International Seabed Authority ⓘ
plannedRole to act as a mining operator in its own right ⓘ
to compete on equal footing with other contractors under ISA regulations ⓘ
purpose to ensure equitable sharing of financial and other economic benefits from activities in the Area ⓘ
to provide a mechanism for direct participation of the International Seabed Authority in resource development ⓘ
relationshipToISA organ through which the International Seabed Authority carries out direct mining activities ⓘ
sector deep seabed mining ⓘ
marine mineral resources ⓘ
status not yet operational ⓘ
subjectTo control of the Council of the International Seabed Authority ⓘ
international law of the sea ⓘ
typeOfActivity exploitation of mineral resources ⓘ
exploration for mineral resources ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.