Context:
IBSA Foreign Ministers declared a United Front against Global Terrorism.
IBSA Forum:
- Trilateral Dialogue Forum of India, Brazil, and South Africa, created in 2003.
- Formalization – Named under the Brasilia Declaration.
- Objective – Promote closer coordination on global issues among the three large multicultural and multiracial democracies of Asia, South America, and Africa.
- Enhance trilateral cooperation in various sectoral areas.
- No headquarters or permanent executive secretariat.
- Leadership – Operates through Summits of Heads of State and Government.
- IBSA Fund –
- Establishment – 2004.
- Purpose – Facilitate human development projects to combat poverty and hunger in developing countries.
- Management – Managed by the UN Office for South-South Cooperation (UNOSSC).
- IBSAMAR –
- Joint multinational maritime exercise.
- Participants – Navies of India, Brazil, and South Africa.
Source: The New Indian Express
Previous Year Question
With reference to ‘Indian Ocean Rim Association for Regional Cooperation (IORARC)’, 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 statements given above is/are correct?
[UPSC Civil Services Exam – 2015 Prelims]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (d)
Explanation:
It was established in 1997 and formerly known as the Indian Ocean Rim initiative.
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.
