Firstly, as this newly discovered 'blue gold' is mostly located in international waters, making it extra-territorial in international law, it can be argued that the genetic resources living in the deep sea belong to humanity as a whole and therefore ought to be exploited equitably.

UNESCO: MEDIA SERVICES

These expenditures concern to allocation and use of monetary resources of the state for sectoral, goal-oriented and territorial purposes.

UNESCO: Belarus: Report: Part I: Descriptive Section