Achieve Greater Prosperity in Maritime Domain Through Collaborative Effort
Prosperity in Maritime Domain - Cooperated Maritime Security The prosperity in most of the nations depends primarily on international trade and investments. In accordance, world economy heavily depends on maritime trade and commerce for their economic growth and prosperity. No country is entirely self-sufficient and almost whole countries needs maritime commerce to meet their trade needs, even though a littoral state, an island or a landlocked country. According to the statics, Ninety percent of world trade and two-thirds of energy supplies are carried by sea. Therefore, maritime transport is backbone of global trade and the economy. The seas are enormous and complex, and it’s provide a substantial portion of the global population with food and livelihoods and are the means of transport for 80% of global trade. This trade routes are vulnerable and exposure to attack depends on their goods or materials of transporting. Therefore, international commerce is at risk in the majo...