Bangladesh elected IORA Chairman for 2021-23
Bangladesh was as Vice Chairman of Indian Ocean Rim Association (IORA) for the period of 2019-21 and eventually as IORA Chairman for 2021-23 at 18th IORA Council of Ministers’ Meeting held in Durban, South Africa. The Current Chair is South Africa and Vice Chair is UAE.
As per practice, IORA is led by Chair and Vice Chair on behalf of member States. The stint of posts is two years. When incumbent Vice Chair UAE will take post of Chair in 2019, Bangladesh will assume Vice Chairmanship. After completion of 2 years of vice chairmanship, Bangladesh will become Chairman of IORA for first time in October 2021. During 18th IORA Council of Ministers’ Meeting Maldives was accepted as 22nd Member of IORA .Two outcome documents were adopted namely ‘Declaration on commemoration of Nelson Mandela’ and eThekwini Communique.
Indian Ocean Rim Association (IORA)
IORA is international organisation consisting of coastal states bordering Indian Ocean, established in 1997 to promote cooperation in IOR. It is regional forum, tripartite in nature, bringing together representatives of Government, Academia and Business 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. IORA comprises 22 member states (including India) and 7 dialogue partners. Besides, Indian Ocean Research Group and Indian Ocean Tourism Organisation have observer status.