Source: Reuters
Author: Helen Reid, Jeff Lewis
The government of Nauru plans to ask the International Seabed Authority (ISA) to fast-track the adoption of seabed mining regulations, a source with direct knowledge told Reuters on Friday, in a sign of growing pressure to launch the controversial new industry.
The so-called “two-year rule” would compel the ISA to allow seabed mining to go ahead within two years, effectively setting a deadline for the body to finalize mining regulations.
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