Scope of Work
OPEN
REGIONALISM
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 open regionalism, which is more
member-friendly than other neo-liberal regional arrangements,
includes three key components namely, the Trade Liberalisation (b)
Trade and Investment Facilitation and (c) Economic and Technical
Cooperation.
MEMBER DRIVEN
APPROACH
IORA seeks to build and expand understanding and mutually
beneficial cooperation through an evolutionary and non-intrusive
approach. A member driven approach is followed by Member
States to achieve the goals and objectives of the Association.
GROUPINGS
It promotes a principle of good governance which enables smooth
implementation of its work programmes through its three separate
Working Groups, namely the Working Group on Trade and Investment
(WGTI), the Indian Ocean Rim Business Forum (IORBF), and the Indian
Ocean Rim Academic Group (IORAG).
PRIORITY
AREAS
The priority areas identified for the Association in medium to
long term, in the Charter include (i) Poverty Alleviation, (ii)
Promotion of Maritime Transport and related matters, (iii)
Cooperation in the fields of Fisheries Trade, (iv) Research and
Management, (v) Aquaculture, (vi) Education and Training, (vii)
Energy, (viii) Information Technology, (ix) Health, (x) Protection
of the Environment, (xi) Agriculture, (xii) Disaster
Management.
