ICSFDC News Alerts

Bangladesh: Sustainable development of marine resources December 06,2019   |  Source: The Financial Express

Following the approval of the Bangladesh Maritime Zones Act, 2019 by the Cabinet last week, doors are now wide open for the country to explore and exploit the rich marine resources of the Bay of Bengal and exercise the country's right over the extended maritime boundary. The new Act has replaced the Territorial Waters and Maritime Zones Act, 1974. It is said to be more comprehensive and is expected to help Bangladesh exercise its right to tap enormous potentials of the country's blue economy. The Act, according to reports, has 14 chapters and 137 sections dealing with a number of maritime related issues which were absent in the previous Act. It has several new and contemporary issues such as maritime terrorism, ocean governance, exclusive economic zone, submarine cable, anti-piracy, criminal and civil jurisdiction in sea vessels and nuclear waste transportation etc.

According to the definition of the Act, Blue Economy is comprised of economic activities that directly or indirectly take place in the seas, oceans and coastal waters using sea/oceanic resources, exploration and exploitation of ocean resources in a sustainable manner. There is also the provision for appropriate use of ocean and coastal waters and ocean products as main inputs, making use of goods and services to

Post Comment
Search

Title/Storyline/Country/Keyword


Select Date:

Select Themes

Subscribe for DC News Alerts
Years in Support of Small Scale Fishworkers (1986 - 2018)