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.
UAE no longer attractive Investment Hub for " Hot money " Financial Action Task Force (FATF) , a Paris-based global watchdog , has categorised UAE on the FATF 'gray list' endangering its position as a regional financial centre . Now transactions and commercial trade in the seven Emirates of the United Arab Emirates will be
Decommissioning a Nuclear Powered Aircraft Carrier The construction of the USS Gerald R. Ford (CVN 78) commenced in the year 2009, designed in 2013 , commissioning got delayed till 2017 and became the lead ship in the Ford class fleet of aircraft carriers in 2021. Upgradation of technology with accompanying delays escalated the production process
KSA to localise Defense Manufacturing by 50 % The Saudi Vision 2030 is primarily concerned with diversifying the oil and gas exploration ,refining and petrochemical economy and acquiring self sufficiency in the defense and security fields to reduce external reliance, provide business and vending opportunities for Saudi businesses , generate employment for its citizens to
China enters Aircraft Carrier Manufacturing Arena Courtesy Daily Sabah China possesses an extended air defence coverage and its threat perception lies in the likely commissioning in the year 2023 of a Type 002 carrier outfitted with catapult launch enabling a multi role capability. This effort lends credence to the theory that China is in pursuit
Russian Monopoly Russia retains a monopoly over the uranium conversion infrastructure. The world’s largest producer and exporter of natural raw uranium is Kazatomprom which has a joint venture with a Canadian firm.Kazatomprom has the largest uranium reserve base in the nuclear industry.Raw uranium has to be refined and enriched in order to be utilised
