Rena Lee, president of the International Conference on Marine Biodiversity of Areas Beyond National Jurisdiction (BBNJ), declared to a standing ovation at the United Nations (UN) headquarters in New York on March 4: “Ladies and gentlemen, the ship has reached the shore.”
The High Seas Treaty
The deal was reached after 38 hours of intensive negotiations, following years of impasse over fishing rights and financial concerns. During the last two weeks of discussions, the agreement appeared at times to be in jeopardy, with the major issue being the equal distribution of marine genetic resources (MGR).
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