With reference to Indian Ocean Rim Association for Regional Cooperation (IOR-ARC)', 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?

1. Statement 1 is incorrect. The Indian Ocean Rim Association (IORA), originally known as the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), was established in March 1997. Therefore, it was not established very recently (relative to 2015). While contemporary issues like piracy and oil spills are concerns addressed within the association's broader framework (especially under maritime safety and security), they were not the sole or primary trigger for its establishment, which was aimed at promoting economic cooperation and sustainable development in the region. 2. Statement 2 is incorrect. IORA is a broad-based regional cooperation forum. While maritime security (including counter-piracy, disaster risk management, etc.) is one of its priority areas, it is not an alliance meant for maritime security only. Other key priority areas include trade and investment facilitation, fisheries management, academic, science and technology cooperation, tourism and cultural exchanges, and women's economic empowerment. 3. Therefore, neither statement 1 nor statement 2 is correct.