(Dr Maen Khreasat)
Ambassador of Hashemite Kingdom of Jordan
Read @ International Maritime Sustainability Exhibition & Conference (IMSEC) 2024 (12-14 September 2024) in Islamabad
Maritime Sustainability has become increasingly critical for the global community. The world’s oceans cover more than 70% of the Earth’s surface and contribute significantly to our lives, economies, and environment. Oceans contribute to the global trade, with over 80% of the world’s goods transported by sea. The maritime industry fuels economies through shipping, fisheries, tourism, and offshore energy.
The concept of the Blue Economy encompasses all economic activities related to oceans, seas, coasts, and inland water systems. It is an approach that aims to protect and restore the health, productivity, and resilience of marine ecosystems while fostering sustainable development.
Globally, the Blue Economy is estimated to contribute USD 1.5 trillion annually, with projections to reach USD 3 trillion by 2030. This immense potential offers countries like Jordan and Pakistan the opportunity to create livelihoods, alleviate poverty, and enhance the standards of living while safeguarding marine ecosystems.
Several sectors within the Blue Economy hold significant potential for sustainable growth:
Marine Transport: With over 80% of global trade carried by sea, marine transport remains the most efficient means of transportation. Enhancing this sector can lead to improved trade links and economic integration within our region.
Fisheries & Aquaculture: The global demand for protein-rich fisheries products is rising, providing immense opportunities for countries with coastal access. Sustainable practices in fisheries and the development of aquaculture can significantly boost economic output while ensuring the conservation of marine resources.
Marine & Coastal Tourism: Marine and coastal tourism contribute significantly to global GDP. For countries like Jordan and Pakistan, with their rich cultural heritage and scenic coastlines, developing sustainable tourism can be a cornerstone of economic growth.
Environmental Importance: Oceans regulate our climate, absorb carbon dioxide, and produce oxygen. They also harbor biodiversity critical for maintaining ecological balance. However, these natural systems are under immense pressure from pollution, overfishing, and climate change.
Food Security: The oceans provide a vital source of protein for billions of people around the world, particularly in coastal communities. Sustainable fisheries are essential for ensuring that future generations can continue to rely on this critical resource. We need Collaborative Efforts and Partnerships.
Jordan efforts in Maritime Sustainability
Jordan plays a significant role in international maritime sustainability, particularly due to its strategic location at the Gulf of Aqaba on the Red Sea, and its active participation in global maritime initiatives. Jordan’s maritime industry is key to its economy, with the Port of Aqaba serving as a major hub for trade and transportation in the region.
Jordan has been involved in several efforts to promote maritime sustainability, including adhering to international conventions on maritime safety and environmental protection. The country is a signatory to various International Maritime Organization (IMO) conventions, such as MARPOL (the International Convention for the Prevention of Pollution from Ships), which underscores its commitment to reducing marine pollution and ensuring sustainable maritime practices.
Additionally, Jordan’s involvement in regional collaborations, such as the Red Sea and Gulf of Aden Environment Program, highlights its proactive stance in addressing marine environmental challenges, including pollution control and the conservation of marine biodiversity. These efforts are crucial as the Red Sea is a unique marine ecosystem with significant environmental and economic value.
Through these activities, Jordan contributes to the broader goals of international maritime sustainability, ensuring that its maritime operations are in line with global standards and contributing to the protection of marine environments.
Aqaba Special Economic Zone (ASEZ): A Hub for Blue Economy
The Aqaba Special Economic Zone is a global hub, with three continents converging and forming a global hub for investors and tourists alike. The region lies on the Gulf of Aqaba, which flows into the Red Sea.
It extends to the borders of Palestine, Saudi Arabia and connects Egypt’s territorial waters. It forms a strategic outlet for regional and international markets, maximizing business opportunities in all sectors and providing an advanced standard of living.
His Majesty King Abdullah II has emphasized the importance of Aqaba in Jordan’s economic strategy, stating, “Aqaba is not just a gateway to Jordan; it is a gateway to the world. We are committed to making it a model of sustainable economic development.”
Maritime Transport: ASEZ is home to the Port of Aqaba, Jordan’s sole seaport, which serves as a gateway for regional trade. The port’s modernization and expansion have made it a key player in marine transport, facilitating the movement of goods and boosting economic ties with neighboring countries.
Tourism and Coastal Development: ASEZ has developed into a premier destination for marine and coastal tourism. With its pristine beaches, coral reefs, and historical sites, Aqaba attracts tourists from around the world. The development of eco-friendly resorts and marine parks ensures that tourism growth is aligned with environmental sustainability.
Chairman Joint Chiefs of Staff Jordan Calls on Chiefs of Naval & Army of Staff Pakistan
