iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Sea Treaty Blocked In Senate, Dead

A treaty governing the high seas is all but dead in the Senate as two Republican senators announced their opposition Monday, giving conservative foes the necessary votes to scuttle the pact.

Sens. Rob Portman of Ohio and Kelly Ayotte of New Hampshire — both mentioned as possible running mates for likely Republican presidential nominee Mitt Romney — said they had serious concerns about the breadth and ambiguity of the Law of the Sea treaty and would oppose it if called up for a vote.

The Constitution requires two-thirds of the Senate — 67 votes — to ratify a treaty; Portman and Ayotte bring the number of opponents to 34 along with Sens. Mike Johanns, R-Neb., and Johnny Isakson, R-Ga.

The development was a blow to the Obama administration, military leaders and the business community led by the U.S. Chamber of Commerce, who had argued that the treaty would improve national security and enhance U.S. standing in the world. They had pressed for ratification of the treaty, which was concluded in 1982 and has been in force since 1994. The United States is the only major nation that has refused to sign the pact.

Sen. Jim DeMint, R-S.C., and other conservatives have led the campaign against the treaty, contending that it would undermine U.S. sovereignty. DeMint heralded the latest development on Twitter, saying, “34 Senators now oppose LOST, sinking the misguided treaty.”

The treaty establishes a system for resolving disputes in international waters and recognizes sovereign rights over a country’s continental shelf out to 200 nautical miles and beyond if the country can provide evidence to substantiate its claims. The United States has abided by the rules of the treaty since President Ronald Reagan’s administration.

Secretary of State Hillary Rodham Clinton had told Congress in May that the treaty could be a boon to business as U.S. oil and natural gas companies now have the technology to explore the extended continental shelf, which could be more than 1 1/2 times the size of Texas and rich in resources.

But Portman and Ayotte were not swayed.

“Proponents of the Law of the Sea treaty aspire to admirable goals, including codifying the U.S. Navy’s navigational rights and defining American economic interests in valuable offshore resources,” the two said in a letter to Senate Majority Leader Harry Reid, D-Nev. “But the treaty’s terms reach well beyond those good intentions. This agreement is striking in both the breadth of activities it regulates and the ambiguity of obligations it creates. ”

The two also raised concerns about authorization of international and judicial entities. “The United States would be binding itself to yet-unknown requirements and liabilities. That uncertainty alone is reason for caution,” Portman and Ayotte wrote.

Read more:

If you enjoy the content at iBankCoin, please follow us on Twitter