Oceans are our shared heritage & our maritime routes are lifelines of international trade: PM Modi at UNSC

Prameyanews English

Published By : Prameya News Bureau | August 09, 2021 IST

New Delhi, August 9: Oceans are our shared heritage and our maritime routes are the lifelines of international trade. These oceans are very important for the future of our planet, PM Modi said on Monday addressing at UNSC High-Level Open Debate on 'Enhancing Maritime Security: A Case For International Cooperation'. This shared heritage of ours (oceans) is facing several types of challenges. Maritime routes are being misused for piracy and terrorism, he said. For maritime security, I would like to put forth 5 basic principles – free maritime trade sans barriers so as to establish legitimate trade, settlement of maritime disputes should be peaceful and on the basis of international law only. Thirdly- responsible maritime connectivity should be encouraged. Fourth is the need to collectively combat maritime threats posed by non-state actors and natural calamities. And last but not the least, we have to preserve maritime environment and maritime resources, the PM said. We should remove barriers to maritime trade. Our prosperity depends on the active flow of maritime trade and barriers in this path can pose a challenge to the entire global economy. Free maritime trade is associated with the culture of India for time immemorial, he stated.

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