Nyshka Chandran
Southeast Asia is grappling with rampant maritime piracy that, if left unchecked, could threaten trade and bolster terror networks in the region.
This year has seen a growing number of hijackings in the Sulu Sea, located between the Philippines and the island of Borneo. Around $40 billion worth of cargo passes through the area annually, with around $700-800 million in Indonesian coal exports going to the Philippines.
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Source: cnbc.com
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May 24, 2023 No Comments
