India concludes Agreement with Iran on Chabahar Port India's Foreign Minister, S Jaishankar highlighted the broader regional benefits of its recently inked ten year port agreement with Iran ignoring words of caution from the United States which may result in invocation of sanctions against India. The Indian Foreign Minister in defence of the agreement called
Territorial Waters and Maritime Zones Act, 1976 (of 22 December 1976) Short title and commencement 1. (1) This Act may be called the Territorial Waters and Maritime Zones Act, 1976. (2) It shall come into force at once. Territorial waters 2. (1) The sovereignty of Pakistan extends and has always extended to the territorial waters
Iranian Port of Chabahar exempted from US from sanctions The motive behind exempting the Iranian Port of Chabahar from sanctions by the US is attributed to its desire to bolster its ally India. Ostensibly the rationale espoused is that the Afghan economy being a continuous drain on international assistance requires a trading route through Iran.
China's Quest for Seaports Access & LNG Trade Commerce dependent on seaborne trade: The Chinese Communist Party declared that “maritime power” status was essential to realizing its national ambitions. In 2017 China’s imports of liquefied natural gas (LNG) rose by an unanticipated 46 % reflected in 16 operational LNG terminals importing 71 bcm emphasizing that
By Nadir Mumtaz Coastal Province of Balochistan & Reko Diq Copper Gold Project The province of Balochistan covers almost 44% of the country in term of area yet the population is only 5% of Pakistan’s population. Its potential natural resources are still geologically undiscovered. Alarmingly net foreign direct investment in Pakistan dipped by 2.9%
UNCLOS and Rights of Coastal States The United Nations Convention on the Law of the Sea (UNCLOS) grants special rights to the coastal states with regards to exploration and use of marine resources including energy production ,in the area in its jurisdiction at times termed as exclusive economic zone (EEZ) . Economic Control of Waters
Gwadar Port dredging Maintenance dredging of the navigational channel of Gwadar Port is estimated to cost $ 18 million incorporating maintenance dredging of navigational channel, basin and berthing area extending over 4.70 km . The designed draft of the turning basin and berths is 13.8 m while the outer navigational channel's designed draft is 14.5
