The ocean surface and the water column beyond the EEZ are referred to as the high seas in the LOSC. Seabed beyond a coastal State$$s EEZs and Continental Shelf claims is known under the LOSC as the Area. The LOSC states that the Area is considered $$the common heritage of all mankind$$ and is beyond any national jurisdiction.

Explain the underlined sentence. Do you agree with the statement or disagree? Discuss your response.