Joint resolution to support the goals of the U.S. delegation to the Law of the Sea Conference in reaching an equitable and effective international agreement.

[AI summary unavailable — showing source text] Gives Congressional endorsement to the efforts of the United States Delegation to the Third United Nations Conference on the Law of the Sea to achieve a multilateral treaty which articulates the principle that deep seabed resources are the common heritage of all people and should be utilized with a view to distributing revenues to all countries. Endorses particularly the establishment of an International Seabed Authority to regulate such a system.…