The United Nations Law of the Sea Treaty now has 34 senators opposed to it and thus lacks the Senate votes needed for U.S. ratification, a key opponent of the treaty announced Monday. But the treaty’s main Senate proponent denies the treaty is sunk, saying plenty of time still exists to win support before a planned late-year vote.
The Senate is considering ratification of the UN's Law of the Sea Treaty (LOST) that Reagan rejected because it would surrender a huge part of US sovereignty. Most Democrats, including Obama and Secretary of State Clinton favor the treaty, but so do 20 Republicans.
20 Republicans set to uphold controversial UN treaty (updated) July 9, 2012 By: Anthony Martin
More than 160 nations belong to the United Nations Convention on the Law of the Sea, which governs how nations may use the world’s oceans and the resources they contain. All major industrialized nations have ratified the treaty except the United States.
According to Donald Rumsfeld, that is how it should remain. The former defense secretary took issue with the treaty’s collectivist treatment of seabed mineral resources.
Of particular concern was Part XI of the treaty, which created supra-national executive, legislative and judicial mechanisms to regulate the mineral resources of the world's oceans.