The ISA's 'common heritage of mankind' principle mandates that benefits from deep-sea mining in the Area be shared equitably, with particular consideration for developing and landlocked states.
- True
- False
Answer: True
UNCLOS Article 140 enshrines the common heritage principle. ISA is developing a benefit-sharing mechanism, potentially including financial payments, technology transfer, and capacity-building, to ensure mineral wealth from the Area contributes to global development and reduces inequalities.