Discussions underway on who can claim Arctic seabed

[unhappycamper]

http://www.adn.com/article/20160314/discussions-underway-who-can-claim-arctic-seabed



In this Thursday, Aug. 2, 2007 file made available by the Association of Russian Polar Explorers on Wednesday, Aug. 8, 2007, photo a titanium capsule with the Russian flag is seen seconds after it was planted by the Mir-1 mini submarine on the Arctic Ocean seabed under the North Pole during a record dive. Russia says it has submitted its bid for vast territories in the Arctic to the United Nations. The Foreign Ministry said Tuesday, Aug. 4, 2015, that Russia is claiming 1.2 million square kilometers (more than 463,000 square miles) of Arctic sea shelf.

Discussions underway on who can claim Arctic seabed
Marc Montgomery | Radio Canada International
March 14, 2016

Quietly flying under the news radar is an extremely important international meeting at the United Nations headquarters in New York City.

Delegates from several Arctic nations are presenting their positions in claims to the Arctic seabed at the United Nations Convention on the Law of the Sea.

Economic control of extensive regions of the Arctic seabed is a question involving potentially billions of dollars as it is thought there is vast mineral and oil and gas reserves to be discovered there.

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New claims and evidence are being presented in which various claims such as Russia, Canada, and Denmark overlap.