 The civic body that governs the city is the Kochi Municipal Corporation, which was constituted in the year 1967, and the statutory bodies that oversee its development are the Greater Cochin Development Authority (GCDA) and the Goshree Islands Development Authority (GIDA).Called the "Queen of the Arabian Sea", Kochi was an important spice trading centre on the west coast of India from the 14th century onward, and maintained a trade network with Arab merchants from the pre-Islamic era.Occupied by the Portuguese in 1503, Kochi was the first of the European colonies in colonial India.