The International Seabed Authority is an autonomous international organization established under the 1982 United Nations Convention on the Law of the Sea. The Authority is the organization through which States Parties organize and control activities in the International seabed Area (i.e.outside of national jurisdictions), particularly with a view to administering the resources of the Area.
Recently China bid for mining rights in the international seabed of the Indian Ocean. This was granted by the Authority. Many in India have seen this as a loss for India which should have spearheaded such efforts to maintain its control over the Indian Ocean Region. China and Japan are also vying for exploration rights for possible rare earth metals in the Pacific Ocean.
India has joined the race to explore and develop deep-sea mining for rare earth elements — further complicating the geopolitics surrounding untapped sources of valuable minerals beneath the oceans.