UN General Assembly
1973

60. Before I move to the problems confronting us on the international economic scene, I would like to address myself briefly to the forthcoming Third United Nations Conference on the Law of the Sea. Malaysia has profound interest in the Conference and hopes that it will achieve positive results in establishing an equitable basis upon which the resources of the sea-bed and the ocean floor beyond the limits of national jurisdiction could be shared among the nations of the world. It is also our hope that the Conference will achieve agreements on a wide range of issues, such as the question of sovereignty over territorial seas, to which Malaysia as a littoral State attaches the utmost importance. Malaysia takes an active interest in the subjects and issues that have been seriously considered by the sea-bed Committee and will work positively towards the establishment of a law of the sea that would be more fair and realistic, and one that would take into account the legitimate interests and rights of all States, particularly those in the developing world.