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 the Area (international seabed area beyond national jurisdiction)
surface form: 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 (international seabed area beyond national jurisdiction)
surface form: 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.