The United Nations Law of the Sea Treaty (LOST) is another one of those international agreements that the U.S. has yet to ratify. President Reagan rejected the treaty, but a revised version was signed by President Clinton in 1994. As a result of intense opposition, LOST was never brought before the Senate for a full vote. Several failed attempts were also later made by the Bush administration to galvanize support for the treaty. The Democrats are now laying the groundwork to finally ratify LOST. Proponents view ratifying the treaty as an opportunity for the U.S. to further promote global security and stability. Critics maintain that under LOST, the U.S. would be forced to surrender more sovereignty to the UN.
http://www.borderfirereport.net/dana-gabriel/dusting-off-the-un-law-of-the-sea-treaty.php
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