Cook Islands intends to utilise the Asian Development Bank (ADB) as an ‘honest broker’ to refine regulatory and financial frameworks for deep-sea minerals, amid concerns raised by environmental advocates.
Read MoreYou can read all the latest news and updates on the Cook Islands seabed minerals sector here.
The Seabed Minerals Authority (SBMA) yesterday hosted a hybrid seminar at the University of the South Pacific, Rarotonga campus, bringing together eight international experts from the United States, Denmark, New Zealand, Australia, and China to discuss the latest advances in understanding seabed sediment plumes—clouds of particles that may be generated during seabed minerals extraction. Around 35 participants joined in person and online.
Read MoreCook Islands and China have agreed to cooperate on blue economy investments, including new port wharves and deep sea minerals development, under a newly signed memorandum of understanding (MoU).
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