Comprehensive News & Analysis
13:12:35
Indian Ocean Naval Symposium
The 7th edition of the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs was hosted by the French Navy in Paris from 15 – 16 Nov 21.
About IONS
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It is a forum to increase maritime cooperation among the littoral states of the Indian Ocean Region.
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The inaugural edition of IONS was held in Feb 2008 at New Delhi, with Indian Navy as the Chair for two years
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IONS includes 24 nations that permanently hold territory that abuts or lies within the Indian Ocean and 8 observer nations:
Other Important Groupings Associated with IOR
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Indian Ocean Rim Association for Regional Cooperation (IOR-ARC)
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Indian Ocean Commission (IOC)
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Security and Growth for All in the Region (SAGAR)
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Information Fusion Centre for the Indian Ocean Region (IFC-IOR)
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Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)
Importance of Indian Oceanic Region
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The Indian Ocean holds 16.8% of the world’s proven oil reserves and 27.9% of proven natural gas reserves.
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Around 80 percent of the world’s seaborne oil trade passes through the choke points of this ocean
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Region to counterbalance the increasing presence of China in the region.
