India, Aug. 21 -- The Government of India issued the following news release:

The referred matter is a statement made by Secretary General of ISA before media and press in an event during February 2023 at Gujarat Maritime Law University, Gandhinagar. Ministry of Earth Sciences (MoES) being the nodal agency for deep sea mineral exploration have two seabed mineral exploration contracts with the International Seabed Authority (ISA) in the Indian Ocean. The first seabed exploration contractfor Polymetallic nodules (PMN) was signed in 2002 for exploration in an allocated area of 75000 sq. km in the Central Indian Ocean Basin and another for exploration of Polymetallic Sulphides (PMS) in the South-West Indian Ocean Ridge signed in 2016 in an allo...