The Wadge Bank is renowned as a marine area abundant in fishery resources, situated to the south of Kanyakumari, India. Recognized by the Fishery Survey of India, this region holds significant importance for marine biodiversity and resources.
The Wadge Bank has been at the center of maritime boundary discussions between India and Sri Lanka, leading to pivotal agreements that shaped the region's status.
This agreement marked a significant change, with India ceding the island of Katchatheevu to Sri Lanka. Despite this transfer, Indian fishermen retained rights to access the island for specific activities, maintaining some connection to these waters.
In a follow-up move in 1976, India was granted sovereign rights over the Wadge Bank. This decision placed the area within India’s exclusive economic zone, granting control over its valuable resources.
Beyond its fishery resources, there is speculation about the presence of oil reserves within the Wadge Bank, adding strategic value to the region. This potential has elevated its importance in economic and strategic discussions.
The agreements concerning the Wadge Bank have ignited political debate within India. Opinions are divided on whether the territorial exchange was a loss or a strategic advantage. Despite the differing views, the region remains vital for the livelihoods of fishermen from Tamil Nadu and Kerala.
With its rich marine biodiversity and strategic significance, the Wadge Bank continues to be a crucial element in India-Sri Lanka relations, impacting both the environment and human activities.
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