What is the story about?
What's Happening?
Pakistan's Ministry of Maritime Affairs has granted the first ferry service license to Sea Keepers International, a UK-based operator, to connect Pakistan with Iran and Gulf Cooperation Council countries. The Research Centre for International Maritime Law & Practice (RCIMLP) has been appointed as the maritime law consultant to ensure compliance with international maritime laws and safety standards. This initiative aims to boost trade, tourism, and regional cooperation, contributing significantly to Pakistan's blue economy and improving maritime connectivity.
Why It's Important?
The establishment of a ferry service between Pakistan and Gulf countries represents a strategic move to enhance regional trade and tourism. By appointing a maritime law consultant, Pakistan is ensuring adherence to international standards, which could attract more foreign investment and partnerships. This development is crucial for Pakistan's economic growth, as it seeks to expand its maritime trade and strengthen relations with neighboring countries. The initiative could also lead to increased job opportunities and economic activities in the maritime sector.
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