Maritime Trade and Security: Issues and Country Perspectives

It was not long ago when A.T.Mahan, American naval strategist and historian had advocated "sea power" as a determinant of a nation’s strength. The economic significance of sea to humankind is remarkable. More so, when seas and oceans are rich in mineral resources and contribute enormously to the economic growth and prosperity of countries. In this context, the sea lanes are vital in carrying out trade to required destinations. Keeping in view the significance of seas and oceans, the book has aimed at discussing some of the important issues in maritime trade and security. Despite the benefits of seas and oceans in terms of growing trade and commerce and the overall growth of global economies, maritime trade is threatened by some non-traditional actors, especially "maritime terrorists" and "sea pirates". There have been instances when these crimes have disrupted maritime trade and commerce. This leads to the formulation of strategies to combat this menace and protect the maritime environment through enhanced security. Countries with maritime interests have been cooperating toward achieving this end in various ways. This book "Maritime Trade and Security’ is designed in two sections. The first section delves into the issues and the second section deals with the experiences of countries on the issues of maritime trade and security.