Indian-Ocean Rim Association
Indian Ocean Rim Association (IORA)
|Headquarters||Ebene Cyber City, Mauritius|
|-||Secretary General||K V Bhagirath|
|-||6 March 1997||Indian Ocean Rim Association for Regional Co-operation|
|Time zone||(UTC+2 to +10.5)|
The Indian Ocean Rim Association (IORA), formerly known as the Indian Ocean Rim Initiative and Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), is an international organisation consisting of coastal states bordering the Indian Ocean. The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment, Promotion as well as Social Development of the region. The Coordinating Secretariat of IORA is located at Ebene, Mauritius.
The organisation was first established as Indian Ocean Rim Initiative in Mauritius on March 1995 and formally launched on 6–7 March 1997 by the conclusion of a multilateral treaty known as the Charter of the Indian Ocean Rim Association for Regional Co-operation.
The apex body of the IOR-ARC is the Council of (Foreign) Ministers (COM). The meeting of the COM is preceded by the meetings of the Indian Ocean Rim Academic Group (IORAG), Indian Ocean Rim Business Forum (IORBF), Working Group on Trade and Investment (WGTI), and the Committee of Senior Officials (CSO).
The objectives of IORA are as follows:
- To promote sustainable growth and balanced development of the region and member states
- To focus on those areas of economic cooperation which provide maximum opportunities for development, shared interest and mutual benefits
- To promote liberalisation, remove impediments and lower barriers towards a freer and enhanced flow of goods, services, investment, and technology within the Indian Ocean rim.
IORA members undertake projects for economic co-operation relating to trade facilitation and liberalisation, promotion of foreign investment, scientific and technological exchanges, tourism, movement of natural persons and service providers on a non-discriminatory basis; and the development of infrastructure and human resources, poverty alleviation, promotion of maritime transport and related matters, cooperation in the fields of fisheries trade, research and management, aquaculture, education and training, energy, IT, health, protection of the environment, agriculture, disaster management.
Countries with the status of dialogue partners are:
- Indian Ocean Commission
- Asia-Pacific Economic Cooperation
- Organisation of American States
- Organisation of the Black Sea Economic Cooperation
- Union for the Mediterranean
- "IORA Membership". Indian Ocean Rim Association. Retrieved 7 July 2014.
- "Scope of Work - OPEN REGIONALISM". Indian Ocean Rim Association. Retrieved 7 July 2014.
- "Formation". Indian Ocean Rim Association. Retrieved 7 July 2014.
- "About IOR-ARC". Indian Ocean Rim Initiative and Indian Ocean Rim Association for Regional Cooperation 2013 Australia. Retrieved 7 July 2014.
- "Indian Ocean Rim Association (IORA)". Department of Foreign Affairs and Trade (Australia). Retrieved 7 July 2014.
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