The United States objected, for several reasons, to the provisions of Part XI of the Convention and argued that the treaty was not favourable to the economic and security interests of the United States. Because of Part XI, the United States refused to ratify UNCLOS when it agreed with the other provisions of the convention. Compliance with IMO rules is not only monitored by a strict system of enforcement of flag states, but is also subject to the monitoring of a sophisticated port state inspection system, coordinated by regional agreements within the overall IMO framework. But regulations for other ocean industries are not as well developed as commercial shipping regulations. The aim of the consultations was to obtain wider participation of the major industrialized countries in the convention in order to achieve the goal of universality. The consultations resulted in an outcome that served as the basis for a general agreement on the issues that were the subject of the consultations. In the first part of this phase, nine issues were identified as problematic during the consultations: costs for contracting states; The company Decision-making The review conference; Technology transfer Limiting production; Compensation funds; The financial terms of the contract Environmental. After reviewing the different approaches that could be followed in addressing these issues, there was general consensus on an approach that allowed participants to review all outstanding issues in order to resolve them and decide how to deal with issues that might not be resolved. In 2017, the Un General Assembly (UNGA) voted to convene an Intergovernmental Conference (IGC) to study the creation of a legally binding international instrument (ILBI) for the conservation and sustainable use of biodiversity outside the national jurisdiction (BBNJ). The Intergovernmental Conference will meet for a series of four sessions between 2018 and 2020 to move towards an agreement.  “The CSI represents shipowners in the UN negotiations on a new regulation of the law of the sea that could have profound consequences for future navigation regulation.” The results of the Secretary-General`s informal consultations in 1990 and 1991 were presented in the summary of the Secretary-General`s informal consultations on the law of the sea in 1990 and 1991. January 31, 1992 and a briefing note of May 26, 1992.
These results fell into two categories. First, a comprehensive agreement appears to have been reached on relatively detailed cost solutions for contracting states, enterprise, decision-making, review conference and technology transfer. Secondly, with regard to production limitation, the clearing fund and the financial terms of the contracts, it was generally agreed that it was neither necessary nor wise to formulate new detailed rules for these positions. As a result, the briefing note contains general principles to be applied when commercial production of deepwater ores is imminent. From 1982 to 1990, the United States accepted all but Part XI as a habit of the peoples, while trying to establish an alternative regime for the exploitation of seabed minerals. An agreement has been reached with other seabed mines and licences have been granted to four international consortia.