Say our name. Nevada. Mr. president, Nauru is an ocean state. We are not merely guardians of the ocean, but rightful participants in its future. For narrow, the ocean represents both opportunity and responsibility. Never one without the other. Both are essential. Or. The United Nations Convention on the law of the sea is left hollow. Today I focus on a part of it that belongs to no one. The deep seabed area beyond national jurisdiction. Mr. president, the convention established the International Seabed Authority and charged it with a clear legal obligation to put in place regulations and regulate activities in parallel with sponsoring states. Its role is not to determine whether deep seabed mining is, as a matter of policy, public policy, a correct course of action. Neither joined trusting in the commitment set out in the convention and the 1994 agreement. For 15 years, neither invested critical resources in sponsoring the exploration of a portion of the deep seabed. Our sponsored entity, Nori or Nauru Ocean Resources, has contributed about one petabyte of data more than one third of all clarion-clipperton zone data held in the authority's deep data. We called on the authority to seek an advisory opinion on the responsibilities of sponsoring states, and we followed it. We established a national regulator with the powers and due diligence obligations that opinion requires at every stage. Our decisions have rested on the best available scientific evidence, on the convention and on that opinion. At every stage We have called for the mining code to be finished, and when progress stalled, we looked to the 1994 agreement and invoked the two year rule. We were told then that we were rushing. That was five years ago, and today the rules remain unwritten. We are participating in the first consensus proceedings before the Seabed Disputes Chamber, because our obligations as a sponsoring state require legal clarity. For 15 years, we have done everything a member state can do, consistent with our obligations as a sponsoring state. And today we continue to wait. Mr. president, there is a general understanding within the authority's council that nothing is agreed until everything is agreed, and that the regulations will be adopted by consensus. Achieving that is a great challenge for an institution whose members remain deeply divided on whether deep seabed mining should proceed at all, a question the convention never asked the authority to decide. Neither welcomes every effort to ensure that seabed mineral development proceeds responsibly, and I ask this Assembly to reckon with this. A principle declared in 1970 and a bargain struck in 1994, both in this hall still wait for the rules that would give them effect. When a multilateral process cannot deliver. The world does not stand still. Those with the means to act will not wait. And every year of delay makes that more likely not less. That is why the theme of this session matters. A multilateral system that cannot deliver for a state like mine does not deliver at all. That holds here, in this assembly and in any institution we build Now therefore, calls upon the authority to let the waiting end.