Recent escalation of South China Sea Conflict
Recent escalation of South China Sea Conflict The Conflict in the South China Sea has been under the Spotlight for decades. With the Sea having about 190 trillion cubic feet of natural gas and 11 billion barrels of oil, one-third of the global shipping (grossing 5.3 trillion USD trade every year) passing through it, and abundance of fish stock (15% of total global stock) and a huge reserve of untapped rare earth metals/ mineral deposits, it holds significant economic, strategic and political importance. This has given rise to hostilities, increased tension and conflict among the various nations. The last few years have witnessed a sharp increase in the number of unplanned encounters between ships and aircraft in the disputed areas. These hostilities present an active threat to peace and stability. It is the need of the hour that all the Nations in the South China Sea region and those involved in the extraction of the resources ensure that the oceans remain protected and these resources...