Question

The Indian Ocean Rim Association (IORA) aims towards

1. Social development of the Indian Ocean rim region.
2. Enhancing security and protection from piracy.
3. Trade facilitation.

Select the correct answer using the codes given below:  

Options

• 1 and 2 only

• 1 and 3 only

• 2 and 3 only

• 1, 2 and 3

Answer 1

1, 2 and 3

Explanation:

The Indian Ocean Rim Association (IORA), formerly the Indian Ocean Rim Initiative and the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), is an international organisation made up of coastal states on the Indian Ocean. All of the following are areas where the IORA places a high priority. Maritime Safety and Security is a critical topic for IORA, as the Indian Ocean connects its member states and serves as a lifeline for trade that is critical to the region's economic development. To support the region's and member states' long-term growth and balanced development, as well as to establish a common foundation for regional economic cooperation. Trade and investment have a direct impact on the generation of jobs, poverty alleviation, and economic development.