July 16, 2012
The Law of the Sea Treaty now has 34 senators opposed and thus will not have the Senate votes for ratification, a key opponent of the treaty announced Monday.
Critics of the treaty had argued that LOST would require the U.S. to subject its sovereignty to an international body, require U.S. businesses to pay royalties for resource exploitation, and subject the U.S. to unwieldy environmental regulations as defined in the treaty.
“4 additional senators have joined in opposition to LOST, including Mike Johanns (R-NE), Kelly Ayotte (R-NH), Rob Portman (R-OH) and Johnny Isakson (R-GA). With 34 senators against the misguided treaty, LOST will not be ratified by the Senate this year,” Sen. Jim DeMint, South Carolina Republican, said in a statement on his website.
This article was posted: Monday, July 16, 2012 at 3:35 pm