Memorandum van Overeenstemming inzake het vermijden van overlappingen en geschillen met betrekking tot zeebodemgebieden

1. Upon attribution by the Preparatory Commission, to the INTEROCEANMETAL Joint Organization certified by the Republic of Bulgaria, the Republic of Cuba, the Czech and Slovak Federal Republic, the Republic of Poland and the Union of Soviet Socialist Republics as a pioneer investor, of the area referred to in Annex I to this Memorandum, the Governments of Belgium, Canada, Germany, Italy, the Netherlands, and the United Kingdom shall respect that area.
2. The Governments of the Republic of Bulgaria, the Republic of Cuba, the Czech and Slovak Federal Republic, the Republic of Poland and the Union of Soviet Socialist Republics shall respect the areas referred to in Annex II to this Memorandum.
3. The obligations referred to in paragraphs 1 and 2 above shall not apply to those areas relinquished by the Parties in the future.

1. The Governments of Belgium, Canada, Germany, Italy, the Netherlands, and the United Kingdom shall not act, themselves or in association with third parties, in a manner that could prevent registration of the application which has been submitted by the Republic of Poland acting on behalf of other certifying States of the INTEROCEANMETAL Joint Organization to the Preparatory Commission, for the area referred to in Annex I to this Memorandum.
2. The Governments of the Republic of Bulgaria, the Republic of Cuba, the Czech and Slovak Federal Republic, the Republic of Poland and the Union of Soviet Socialist Republics shall not act, themselves or in association with third parties, in a manner that could prevent registration of applications which may be submitted in the future by any or all the other Parties for any or all of the areas referred to in Annex II to this Memorandum.

The Parties shall not engage in or support by action of their domestic authorities or in concert with third parties, the exploration and exploitation of hard mineral resources in the areas mentioned in Article 1 in a manner incompatible with the obligation contained in that Article.

The Parties shall take all appropriate measures to ensure that there is no physical interference with the activities of each other relating to the exploration and exploitation of hard mineral resources in the areas referred to in Article 1.

When necessary, the Parties shall consult on questions connected with the implementation of this Memorandum.

1. This Memorandum shall enter into force upon the signatures of the Government of the Kingdom of Belgium, the Government of Canada, the Government, of the Federal Republic of Germany, the Government of the Italian Republic, the Government of the Kingdom of the Netherlands and the Government of the United Kingdom of Great Britain and Northern Ireland, on the one hand, and the Government of the Republic of Bulgaria, the Government of the Republic of Cuba, the Government of the Czech and Slovak Federal Republic, the Government of the Republic of Poland and the Government of the Union of Soviet Socialist Republics, on the other hand, effective August 20, 1991, and shall remain in force until otherwise agreed by the Parties. The Annexes to this Memorandum are an integral part thereof.
2. Any Party may declare, upon signature, that this Memorandum shall enter into force for that Party only after notification to all other Parties that all legal requirements have been met. This Memorandum shall enter into force for that Party upon receipt of such notification by all other Parties.

Coordinates of the seabed mining area of Arbeitsgemeinschaft meerestechnisch gewinnbare Rohstoffe (AMR):