Question

The Indian Ocean Rim Association (IORA) aims towards ________________________.
1. Social development of Indian Ocean rim region
2. Enhancing security and protection from piracy
3. Trade facilitation
Select the correct answer using the codes given below:
A. 1 and 2 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3

Answer 1

Hint: The Indian Ocean Rim Association (IORA) is a global institution comprising 23 states neighbouring the Indian Ocean. It is a provincial medium, three-way in nature, fetching together spokespersons of Government, Business and Academia, for endorsing collaboration and closer communication amongst them.

Complete answer:
The establishment was originally instigated as Indian Ocean Rim Initiative in Mauritius in March 1995 and officially commenced on 6–7 March 1997. The impression is said to have taken origin throughout a visit of prior South African Foreign Minister, Pik Botha, to India in November 1993. It surfaced throughout the succeeding presidential visit of Nelson Mandela to India in January 1995. Subsequently, an Indian Ocean Rim Initiative was shaped by South Africa and India. Mauritius and Australia were afterward brought in. In March 1997, the IOR-ARC was officially inaugurated, with 7 supplementary nations as affiliates: Indonesia, Sri Lanka, Malaysia, Yemen, Tanzania, Madagascar and Mozambique. The summit figure of the IOR-ARC is the Council of (Foreign) Ministers (COM). The consultation of the COM is regulated by the assemblages of the Indian Ocean Rim Academic Group (IORAG), Indian Ocean Rim Business Forum (IORBF), the Committee of Senior Officials (CSO), and Working Group on Trade and Investment (WGTI).

Thus, option (D) is correct.

Note: IORA associates assume developments for economic collaboration connecting to trade simplification and liberalisation, publicity of foreign investment, scientific and technological interactions, tourism, interchange of natural persons and service benefactors on a non-prejudiced foundation; and the growth of substructure and human resources, poverty mitigation, endorsement of nautical conveyance and associated matters, collaboration in the turfs of fisheries trade, exploration and organization, aquaculture, schooling and training, energy, IT, health, fortification of the environment, agriculture, tragedy administration.