International seabed means the seabed and ocean floor beyond the limits of national jurisdiction. The parts of the international seabed are believed to be rich in minerals. It is not subject to national appropriation. It has been designated a ‘common heritage of mankind’ by the Declaration of Principles Governing the Seabed (1970) and the Law of the Sea treaty. It is also called as international seabed area. The bed of the high seas is known as the international seabed area. The 1982 convention established for the international seabed area a separate and detailed legal regime.