ABSTRACT
In 1982 President Reagan declared that the United States would not sign the Convention because of objections to Part XI, the proposed regime for deep seabed mining. "Private deep seabed miners would be subject to a mandatory requirement for the transfer of technology to the Enterprise and to developing countries." The new Agreement specifies that the provisions regarding the production ceiling, production limitations, participation in commodity agreements, production authorizations and selection among applicants "shall not apply."The purpose of the 1994 Agreement is to enhance the prospects for widespread ratification of the Convention by responding to problems with the deep seabed mining regime in Part XI, particularly those that troubled industrial states, including the United States. The 1994 Agreement substantially accommodates the objections of the United States and other industrial states to the deep seabed mining provisions of the Law of the Sea Convention.
