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Doug Bandow, "LOST at Sea: Don't Resurrect the Law of the Sea Treaty" Policy Analysis, Cato Institute, October 13, 2005 (cato.org)
After rejecting it under President Reagan in 1982, the United States has steadfastly refused to become a party to the Law of the Sea Treaty (LOST). Advocates of the pact which seeks to regulate navigation rights on the sea surface and mineral rights on the seabed--insisted that American rejection would bring international chaos. Doug Bandow explains that nothing of the kind happened, and that there is no reason to bind the U.S. to this flawed document today.
President Clinton signed the treaty in 1994, but failed to get it either ratified or rejected by the Senate. The Bush administration is now pushing for ratification. Bandow says that would be a mistake, ...