Soumya_india
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India has called for all nations to come together under the UN flag to battle the menace of piracy before it becomes "cancerous" in potential by developing a nexus with radical terrorism.
"International efforts towards combating piracy would benefit if there were fewer disparate task forces and independent naval operations," said Navy chief Admiral Nirmal Verma, speaking at an international seapower symposium at New Port, Rhode Island in US.
Holding that recent studies had shown the economic cost of piracy may be as high as $12 billion a year, Admiral Verma said there was an urgent need to build a strategy beyond multinational maritime counter-piracy operations to facilitate tracking of the "fiscal trail".
"Given the complications involved, no single response will solve the problem...There is no doubt that the fundamental prerequisite to any solution is the collaborative engagement of a wide range of maritime nations and littoral states," he said.
Navy chief for nations fighting piracy menace under UN flag - The Times of India
"International efforts towards combating piracy would benefit if there were fewer disparate task forces and independent naval operations," said Navy chief Admiral Nirmal Verma, speaking at an international seapower symposium at New Port, Rhode Island in US.
Holding that recent studies had shown the economic cost of piracy may be as high as $12 billion a year, Admiral Verma said there was an urgent need to build a strategy beyond multinational maritime counter-piracy operations to facilitate tracking of the "fiscal trail".
"Given the complications involved, no single response will solve the problem...There is no doubt that the fundamental prerequisite to any solution is the collaborative engagement of a wide range of maritime nations and littoral states," he said.
Navy chief for nations fighting piracy menace under UN flag - The Times of India
