Earlier on Monday, the Lok Sabha passed the bill that seeks to provide an effective legal instrument to combat piracy not only in territorial waters and the exclusive economic zone (EEZ) but also on the high seas.
Jaishankar said India's security and economic well-being is inextricably linked to the sea and maritime security is a prerequisite with more than 90 per cent of the country's trade with the world taking place through sea routes and more than 80 per cent of hydrocarbon requirements being s