UN General Assembly
1972

200. In the meantime, we want to draw attention to the two resolutions approved at Santiago during the third session of UNCTAD. They place a singular responsibility on the land-locked countries to ensure implementation. The first refers to the danger to the under-developed countries of the exploitation of minerals on the sea-bed; and the second warns the industrialized nations that no claims based on past, present or future activities over any part of the zone or its resources will be entertained, and appeals to those States which have made such claims to refrain from doing so until an international regime governing exploitation of the sea-bed and the ocean floor has been established.