With reference to ‘Indian Ocean Rim Association for Regional Cooperation (IOR-ARC)’, Consider the following statements:
1. It was established very recently in response to incidents of piracy and accidents of oil spills
2. It is an alliance meant for maritime security only
Which of the following statements given above is/are correct?(2015)
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
The organization was first established as Indian Ocean Rim Initiative in Mauritius on March 1995 and formally launched on 6–7 March 1997. It is an international organization consisting of coastal states bordering the Indian Ocean.
Priority areas are to promote the sustained growth and balanced development of the region and of the Member States, and to create common ground for regional economic co-operation.