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China's Bid to Host Global Oceans Treaty Sparks Geopolitical Tensions

Financial Times Companies •
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The new UN Biodiversity Beyond National Jurisdiction treaty aims to protect marine life in international waters, but faces significant hurdles. The Sargasso Sea, a unique ecosystem defined by ocean currents rather than coastlines, exemplifies the challenges, with fishing vessels from Spain, Taiwan, the US, and China threatening its biodiversity while seabed mining interests loom.

While more than 80 countries have ratified the agreement since it came into force in January, major powers like the US under President Trump have signaled opposition. China has both ratified the treaty and bid to host its secretariat, potentially giving Beijing considerable influence over funding and direction. Experts suggest China's motivations may be more geopolitical than conservation-focused, aiming to position itself as a multilateral leader while protecting its substantial fishing industry.

Environmentalists worry that without strong enforcement mechanisms, the treaty could become another "paper park" like previous marine protection efforts. The US has already moved to weaken environmental reviews for deep-sea mining, while Russia hasn't even signed the agreement. With 95% of the world's ocean volume being high seas and less than 1% currently protected, the treaty's success depends on convincing powerful nations to prioritize biodiversity over resource extraction.