A more thorough explanation:

International Seabed

The International Seabed refers to the ocean floor, seabed, and subsoil that are located beyond the territorial limits of any country. It is also known as the International Seabed Area.

Examples of the International Seabed include the deep ocean floor and the subsoil beneath it, which are not owned by any country. These areas are rich in minerals and other resources, and many countries are interested in exploring and exploiting them.

The International Seabed is an area of the ocean that is not owned by any country. It is important because it contains valuable resources that can be used for various purposes. Many countries are interested in exploring and exploiting these resources, but there are also concerns about the environmental impact of such activities. The International Seabed Authority was established to regulate and manage these activities in a way that is fair and sustainable for all countries.