[DEC]Mission SAGAR (Security and Growth for All in the Region) Flashcards
Mission SAGAR?
SAGAR is a term coined by PM Modi in 2015 during his Mauritius visit with a focus on the blue economy.
It is a maritime initiative which gives priority to the Indian Ocean region for ensuring peace, stability and prosperity of India in the Indian Ocean region.
The goal is to seek a climate of trust and transparency; respect for international maritime rules and norms by all countries; sensitivity to each other`s interests; peaceful resolution of maritime issues; and increase in maritime cooperation.
It is in line with the principles of the Indian Ocean Rim Association.
IORA (Indian Ocean Rim Association)
Established in 1997 in Ebene Cyber City, Mauritius.
First established as Indian Ocean Rim Initiative in Mauritius on March 1995 and formally launched in 1997 by the conclusion of a multilateral treaty known as the Charter of the IORA for Regional Cooperation.
It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment, Promotion as well as Social Development of the region.