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- W2289237349 abstract "In the author's view, the Law of the Sea Treaty would end freedom of the seas and initiate one of the greatest land grabs in history. It would establish an authority to control Western access to sea bed minerals and operate as an OPEC-type cartel. The Third World Enterprise proposed in the treaty, with first preference over sites, could delay or deny permits to companies that had already invested heavily in exploration in favor of enhancing the development opportunities of other states. The treaty also mandates technology transfer, grants control of mining operations to the Authority according to a complex production formula, and encourages the organization of cartels to keep prices and tariffs high. The Enterprise could benefit from all the disadvantages of the private miners and develop its own worldwide monopoly. (DCK)" @default.
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- W2289237349 date "1981-11-01" @default.
- W2289237349 modified "2023-09-27" @default.
- W2289237349 title "One OPEC is enough" @default.
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