Seabed Issues at the Law of the Sea Conference: The Caracas Session
The caracas meeting was only the first of three, or possibly four, sessions of the Third Law of the Sea Conference that will try to bridge the gap between the rambling six volume result of the Seabed Committee’s work and the concise articles of a new Law of the Sea Convention. The work at Caracas did not reach a stage at which it became possible to submit draft articles for the approval of the Conference. As a result, the final documents of the session made no commitment on any matters of substance. Such movement towards agreement as was achieved is therefore not binding, and is extremely vulnerable to changes of position by states in the six months preceding the next session in Geneva. Because of this, the emphasis of the present report will be more on the political process at Caracas than on the development of international law. My purpose is, first, to examine the new proposals on seabed issues and relate them to previously existing positions; second, to analyse the alignments behind the key positions; and third, to look at the other factors emerging as influences on the seabed negotiations.