Consider the following statements regarding the Blue Valley Cluster launched in June 2026: 1. It is a joint initiative launched by the Government of Assam and the European Union (EU) in Guwahati. 2. The initiative focuses on sustainable value chains for AYUSH, fragrance, flavours, agarwood, and organic foods in the North-East. 3. An MoU was signed between the Assam Industrial Development Corporation Limited (AIDC) and the Federation of European Businesses in India (FEBI). 4. The European Union partner involved is headquartered in Geneva, Switzerland.

The correct answer is 1, 2, and 3 only . Key Points The Blue Valley Cluster was officially launched in June 2026 as a strategic partnership between the Government of Assam and the European Union (EU) during a high-level event held in Guwahati to foster international trade. Hence, statement 1 is correct. The primary objective of this cluster is to develop and strengthen sustainable value chains specifically targeting niche sectors of the North-East region, including AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homoeopathy), fragrance , flavours , agarwood , and organic food products. Hence, statement 2 is correct. To formalize this cooperation, a Memorandum of Understanding (MoU) was signed between the Assam Industrial Development Corporation Limited (AIDC) and the Federation of European Businesses in India (FEBI) , aiming to attract European investment and technology. Hence, statement 3 is correct. The European Union is a supranational political and economic union of 27 member states located primarily in Europe, with its de facto capital and administrative headquarters situated in Brussels, Belgium , not Geneva, Switzerland. Hence, statement 4 is incorrect. Additional Information Federation of European Businesses in India (FEBI) : It serves as the official European Chamber of Commerce in India, launched to provide a unified voice for EU companies operating within the Indian market. The organization works closely with the EU Delegation to India to advocate for policy reforms and improve the Ease of Doing Business . Assam Industrial Development Corporation (AIDC) : Established in 1965 , it is the nodal agency for promoting industrial growth and infrastructure development in Assam . It manages several Industrial Estates , Export Promotion Industrial Parks (EPIP) , and Food Processing Parks across the state. Geneva, Switzerland : While not the headquarters of the EU, it hosts numerous international organizations including the World Trade Organization (WTO) , World Health Organization (WHO) , and the United Nations European headquarters.