• India on Feb 23 pledged to help Somalia in its economic development as New Delhi underlined the need for stability in the war-torn nation which has become a breeding ground for pirates. 
  • Minister of State for External Affairs E Ahamed said India desired stability in the Horn of Africa state which has been hit by protracted crisis. 
  • He said piracy was the "most obvious example of the lack" of stability there, and hoped the Conference will reflect India's concerns on the issue. 
  • Indians constitute 7 per cent of all the world's seafarers and a manifestation of the Somali predicament has been the tremendous human cost that these seafarers pay. 
  • The conference is being attended by British Prime Minister David Cameron, US Secretary of State Hillary Clinton and UN chief Ban Ki-moon among officials from about 50 countries and organisations to discuss a roadmap for Somalia.