Advertisement

A Joint Venture Agreement for Seabed Mining

  • Günther Jaenicke
  • Erich Schanze
  • Wolfgang Hauser

Part of the Studies in Transnational Law of Natural Resources book series (STLNR, volume 5)

Table of contents

  1. Front Matter
    Pages 1-8
  2. Günther Jaenicke, Erich Schanze, Wolfgang Hauser
    Pages 9-10
  3. Günther Jaenicke, Erich Schanze, Wolfgang Hauser
    Pages 11-15
  4. Günther Jaenicke, Erich Schanze, Wolfgang Hauser
    Pages 16-19
  5. Günther Jaenicke, Erich Schanze, Wolfgang Hauser
    Pages 20-36
  6. Günther Jaenicke, Erich Schanze, Wolfgang Hauser
    Pages 37-91
  7. Back Matter
    Pages 93-128

About this book

Introduction

The Third Uni ted Nations Conference on the Lawof the Sea is preparing rules far the establishment of an international legal regime governing the exploration and exploitation of the resources of the international seabed. The Draft Convention on the Law of the Sea (Informal Text) of 27 August 1980 which has so far been the result of the negotiations during the preceding sessions of the Conference, provides for a so-called "parallel system" under which an international "Enterprise" as weIl as national private or state-owned companies will be granted access to the resources of the international seabed under the control of an International Seabed Authority. The Draft Convention also envisages the condusion of joint venture agreements between the international Enterprise and national companies or consortia, and encourages such cooperation through grant­ ing various incentives. Such joint ventures will probably play an important part in making the international Enterprise operative in the early years of its existence. At the Conference concerns have been expressed whether and when the Enterprise as a newcomer would be in a position to start seabed mining and to compete effectively with the national companies. The Draft Convention provides for a number of ways and means to enable the Enterprise to develop its technological and financial capabilities for deep sea mining as early as possible.

Keywords

Joint Ventures Law of the Sea cooperation

Authors and affiliations

  • Günther Jaenicke
    • 1
  • Erich Schanze
    • 1
  • Wolfgang Hauser
    • 1
  1. 1.Institut für Ausländisches und Internationales Wirtschaftsrecht (AIW)Frankfurt am MainFederal Republic of Germany

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-017-4344-0
  • Copyright Information Springer Science+Business Media B.V. 1981
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-017-4346-4
  • Online ISBN 978-94-017-4344-0
  • Buy this book on publisher's site