1 Answers
Option 4 : Neither 1 nor 2
The correct answer is Neither 1 nor 2.
- The Indian Ocean Rim Association for Regional Cooperation is an international organization comprising of 22 States in the Indian Ocean.
- It is a regional forum in which representatives of government, business, and Academia promoting cooperation and a closer interaction.
- Its headquarters is in Ebene, Mauritius.
- It was established in 1997 and formerly known as the Indian Ocean Rim initiative.
- It is known as the Indian Ocean Rim Association now.
- It coordinates and monitors the implementation of policy decisions adopted by the member states.
- Indian ocean carries half of the words container shipment, one-third of the world's bulk cargo traffic, and around two-thirds of the world's oil shipments which makes it the lifeline of international trade.
- Maritime security, trade, and investment, disaster risk reduction, academic and scientific Corporation, cultural exchange, blue economy, empowerment of women, and fisheries management are identified as eight priorities area of the Indian Ocean Rim Association.
- The Indian Ocean dialogue was established in the 13th Council of Ministers' meeting organized at Perth Australia in 2013.
- The first Indian ocean dialogue was held in Kerala in 2014.
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