On 01 Sep, 2014 By Elizabeth1
Gujarat National Law University to draft two key laws on deep sea mining
Source: The Times of India
The Union ministry of earth sciences has asked Gujarat National Law University (GNLU) to prepare two draft laws that will lay the guidelines for deep sea mining in the Indian Ocean off India's territorial waters, and in Antarctic Ocean. The draft laws will be called 'Deep Seabed Mining Act', and 'Antarctica Act of India'. The Indian Ocean seabed is rich in precious metals and can yield natural resources of great value.
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