His Excellency the president Ranil Wickremesinghe declared opened the third session of the ninth Parliament and delivered the government’s policy statement which highlighted that, before the end of the 21st century, the Indo-Pacific Region will be the most powerful economic domain in the world. Further he elaborated, “In this context, the strategic geographical location of…

Background In recent, the concept of “Blue Economy” has been broadly prompted by an array of interested parties as a theory or a strategy to protect the world’s oceans and water resources. Blue economy primarily focuses on a sustainable approach to ocean resources in various aspects such as exploitation, conservation and regeneration of the marine…