SAGAR
- February 23, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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SAGAR
Subject: International Relations
Context: India extended $100 million line of Credit to Mauritius which occupies important place in India’s SAGAR initiative.
Concept:
- Security and Growth for All in the Region focusses on the Blue economy in the region.
- It seeks to strenthen India’s relations with her neighboring countries and further strengthens the existing bond by prioristising the Indian Ocean region.
- Objectives of SAGAR:
- To seek a climate of trust and transparency
- Respect for international maritime rules and norms by all countries
- Sensitivity to(towards) each other’s interests
- Peaceful resolution of maritime issues
- Increase in maritime cooperation.