The Council of the International Seabed Authority, meeting in Kingston this morning, adopted a twelve-paragraph decision on the summary report of the Chair of the Legal and Technical Commission which was presented at its 17 July meeting.

The Assembly of the International Seabed Authority yesterday (22 July) held a day-long special session to commemorate the organisation’s twentieth anniversary with United Nations Secretary-General Ban Ki-moon, noting in a message, that the ongoing development by the Authority of a comprehensive set of rules governing seabed mining would go a long way towards helping States derive tangible benefits from the deep seabed Area.

Seven new applications for approval of plans of work for exploration in the international Seabed Area were approved this morning by the Council of the International Seabed Authority as it nears conclusion of its work of the twentieth session in Kingston.

The Council of the International Seabed Authority, at two meetings in Kingston on Friday 18 July, examined procedures for possible extension of exploration contracts and mechanisms for the formulation of regulations for exploitation in the Area, as it continued deliberations on the summary report of the Chair of the Legal and Technical Commission (LTC) on its February and July sessions.

The Council of the International Seabed Authority meeting in Kingston on Thursday (17 July 2014) afternoon decided, on the recommendations of the Finance Committee, that the Assembly approve a budget for the Authority in the amount of US$ 15,743,143 for the biennium 2015-2016.

The Council of the International Seabed Authority, meeting in Kingston this afternoon, took note of two reports of the Secretary-General at its second meeting of this historic 20th Session in Kingston this afternoon. One report addresses the status of prospecting and contract for exploration for three types of mineral resources in the seabed Area, and the other outlines laws, regulations, and administrative measures adopted by sponsoring States and other members of the Authority with respect to activity in the Area.

The International Seabed Authority, celebrating twenty years in existence, began its annual session this morning at Kingston, with its two major organs – the Assembly and the Council – electing their presidents and approving their indicative work programme for the next ten days.

The Jamaica-based International Seabed Authority will commemorate its twentieth anniversary, elect nearly half its executive Council and begin elaboration of a mining code for deep seabed polymetallic nodules in the Area beyond national jurisdiction when it convenes for its annual session in Kingston from 14 to 25 July 2014.

The International Seabed Authority and the Government of the Republic of Korea have signed a 15-year contract for exploration for polymetallic sulphides.‎