SAARC CCI Lecture Series on “Ocean-based Economies of South Asia”

SAARC Chamber of Commerce & Industry organized a Lecture on “Ocean-based Economies of South Asia”. SAARC Chamber of Commerce & Industry SAARC Chamber of Commerce & Industry organized a Lecture on “Ocean-based Economies of South Asia”. SAARC Chamber of Commerce & Industry organized a Lecture on “Ocean-based Economies of South Asia”.  in partnership with Friedrich Naumann Foundation on 30th April, 2015 in Marriott, Islamabad.

The lecture was organized with an objective to create awareness amongst the private sector and other stakeholders about ideas of ocean-based economies in background of green economy and trying to capture the response of audience how ocean based economies can help landlocked countries of the region and help deepen regional economic integration.   

Dr. Vaqar Ahmed, Deputy Executive Director, Sustainable Development Policy Institute, Pakistan made a presentation on Ocean-based economies of South Asia. Dr. Almut Besold, Resident Representative, Friedrich-Naumann-Stiftung für die Freiheit-Pakistan and Mr. Akram Farid, Vice President of FPCCI made special remarks in the seminar. Dr. Irfan Khan, Dean Environmental Sciences, International Islamic University, Pakistan, Dr. Usman Mustafa, Head, Evaluation and Training Division, Pakistan Institute of Development Economics were discussant of the program while Muhammad Iqbal Tabish, Secretary General, SAARC CCI moderated the session.

The seminar was organized with the objective to create awareness amongst the Private Sector and other stakeholders about ideas of ocean-based economies in background of green economy. In his presentation Dr. Vaqar Ahmed urged upon South Asian governments to take advantage of huge potential of ocean based economies to socio-economic uplift of communities living in landlocked countries of the region (i.e. Afghanistan, Bhutan and Kathmandu). He added that 80% of global trade by volume, and over 70% by value is carried by sea. Despite very recent severe global financial crisis world seaborne trade grew by 4% adding more blue employment opportunities.  He further said that currently 350 million jobs are linked to marine fisheries and 90 percents of these fishers are living in developing countries.

He said that now a day countries our larger focus on deep water oil drilling to meet their energy demands, however offshore fields provide 32% of crude oil. He added that our less emphasis is on renewable energy – wind, wave, tidal, biomass, thermal conversion and salinity gradients.

At the conclusion of the seminar, the orators were of the opinion that the Ocean Based blue economies in South Asia and their huge potential may be utilized to play an important role for socio-economic uplift of communities living in landlocked countries of the region (i.e. Afghanistan, Bhutan and Kathmandu) while safeguarding the environment, particularly in view of the climate change effecting the, life pattern of human and animal heath, crops etc.

The lecture concluded with vote of thanks by Mr. Iqbal Tabish, Secretary General, SAARC CCI.  The lecture was attended by politicians, diplomats, academicians, media and private sector representatives.

Mr. Akram Fareed, Vice President, FPCCI and Mr. Iqbal Tabish, Secretary General, SAARC CCI presenting official crest to Dr. Vaqar Ahmed, Deputy Executive Director, Sustainable Development Policy Institute, in presence of Dr. Almut Besold, Resident Representative, Friedrich-Naumann-Stiftung für die Freiheit-Pakistan Dr. Irfan Khan, Dean Environmental Sciences, International Islamic University, Pakistan, Dr. Usman Mustafa, Head, Evaluation and Training Division, Pakistan Institute of Development Economics and Mr. Malik Shohail Hussian, Chairman, FPCCI Committee on Diplomatic Affairs.


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