In this
connection the Indian Ocean Rim Association for Regional Cooperation (IORARC),
which is now known as Indian Ocean Rim Association (IORA) formed in 1997, by
Australia, India, Mauritius, Oman, Singapore and South Africa provides an ideal
platform. The Association was established with the primary focus on economic
cooperation, to promote sustained growth and balanced development of the region
and of its Member States, and create common ground for regional economic
cooperation.
At the 11th meeting of the IORA Council of Ministers that took place under India's Chairmanship in Bengaluru in November 2011, the members were unanimous in their approach to identify six priority areas for cooperation in coming years and those are: (i) Maritime Safety and Security; (ii) Trade and Investment Facilitation; (iii) Fisheries Management; (iv) Disaster Risk Reduction; (v) Academic and S&T Cooperation; and (vi) Tourism Promotion and Cultural Exchanges.
We see IORA is as a regional body that can respond effectively to the needs and enhance individual and collective capacities of Member-States to tackle contemporary challenges of sustainable and balanced economic growth, development and common maritime domain. The IORA provides an effective multilateral platform that facilitates realization of untapped opportunities for prosperity, peace and development of the region. The growing number of membership and the number of Dialogue Partners is a testimony of growing salience of the Indian Ocean and IORA as the apex body in the Region.
At the 11th meeting of the IORA Council of Ministers that took place under India's Chairmanship in Bengaluru in November 2011, the members were unanimous in their approach to identify six priority areas for cooperation in coming years and those are: (i) Maritime Safety and Security; (ii) Trade and Investment Facilitation; (iii) Fisheries Management; (iv) Disaster Risk Reduction; (v) Academic and S&T Cooperation; and (vi) Tourism Promotion and Cultural Exchanges.
We see IORA is as a regional body that can respond effectively to the needs and enhance individual and collective capacities of Member-States to tackle contemporary challenges of sustainable and balanced economic growth, development and common maritime domain. The IORA provides an effective multilateral platform that facilitates realization of untapped opportunities for prosperity, peace and development of the region. The growing number of membership and the number of Dialogue Partners is a testimony of growing salience of the Indian Ocean and IORA as the apex body in the Region.
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