IORA-Delhi Declaration
History of IORA
- First established as Indian Ocean Rim Initiative in Mauritius on March 1995 and formally launched in 1997 by the conclusion of a multilateral treaty known as the Charter of the Indian Ocean Rim Association for Regional Cooperation.
- 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.
- In 2015, First IORA Ministerial Blue Economy Conference, titled as, Enhancing Blue Economy Cooperation for Sustainable Development in the IORA Region, was held in Mauritius.
Indian Ocean Rim Association
- The Indian Ocean Rim is a region comprised of the states whose shores are washed by the waters of the Indian Ocean.
- The Indian Ocean Rim Association (IORA) is an international organization with 21 Member States – Australia, Bangladesh, Comoros, India, Indonesia, Iran, Kenya, Madagascar, Malaysia, Mauritius, Mozambique, Oman, Seychelles, Singapore, Somalia, South Africa, Sri Lanka, Tanzania, Thailand, UAE and Yemen.
- Promote the sustained growth and balanced development of the region.
- Explore all possibilities and avenues for trade liberalisation.
- Promote co-operation in development of human resources.
- 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.
Importance of IORA
- Strategic importance of Indian Ocean.
- Persevering efforts to secure shipping traffic.
- Strengthen the bilateral relations with the regional countries.
- To ensure the maritime safety and security.
- Act as a collective platform to express the regional causes.
- Ensure sustained economic growth in the region.
- Revitalising the age old cultural contacts with these nations.
- Enhance the interoperability of forces in the region.
- Act as a mechanism to avoid disputes between member countries.
- Provide a collective resistance against the piracy issues in African coast of Indian ocean.
- Developing greater synergies with the Navies in the region.
- Envisage collective action and cooperation to advance peace and security.
- To safeguard our mainland and islands, defend our interests, ensure a safe secure and stable Indian Ocean, and make available our capabilities to others.
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