The public, still reeling from years of political turmoil and economic hardship, has high expectations for immediate and tangible improvements in governance.
The operation required specialized equipment, including heavy-lift cranes and remotely operated vehicles (ROVs), to safely refloat and tow the barge to a designated disposal site.
The India-ASEAN FTA, which came into effect in 2010, has been a cornerstone of economic cooperation between India and the ten-member ASEAN group.
The Mumbai-based shipyard, known for constructing sophisticated warships and submarines for the Indian Navy, is currently in discussions with several international and domestic clients to secure new contracts.
Transport unions had planned the strike in response to long-standing grievances over issues such as delays in cargo clearance, high operational costs, and inadequate infrastructure.
The new cargo handling system incorporates the latest technology, including automated equipment and real-time tracking systems, which will enable faster and more accurate handling of a diverse range of cargo. This development is part of the Adani Ports and Special Economic Zone (APSEZ).
Data from the Ministry of Commerce and Industry reveals that exports of crucial commodities, including textiles, pharmaceuticals, and engineering goods, have fallen significantly. The decrease in export volumes is attributed to a combination of factors, including weakened demand in key international markets, fluctuating commodity prices, and ongoing logistical challenges.
Key issues prompting the planned stoppage include demands for improved working conditions, better contractual terms, and more effective grievance redressal mechanisms. The association has expressed frustration over the slow progress of negotiations and the perceived lack of responsiveness from port management.
Indian contractors and engineers, in collaboration with local Maldivian authorities, are spearheading the construction efforts, ensuring that the projects are completed to international standards.
The decline is seen as part of a broader trend affecting major ports worldwide, as global trade patterns continue to be disrupted by inflationary pressures, fluctuating commodity prices, and ongoing geopolitical tensions.
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