- Important International institutions, agencies and fora, their structure, mandate.
Indian Ocean Rim Association (IORA)
What to study?
For Prelims and Mains: IORA- composition, objectives, functions, significance and relevance.
Context: The Ministry of Home Affairs in collaboration with the Ministry of External Affairs and National Disaster Management Authority (NDMA) is organising a meeting of Indian Ocean Rim Association (IORA) Cluster Group on Disaster Risk Management (DRM) in New Delhi.
- The Indian Ocean Rim Association was set up with the objective of strengthening regional cooperation and sustainable development within the Indian Ocean Region
- 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.
India, Australia, Iran, Indonesia, Thailand, Malaysia, South Africa, Mozambique, Kenya, Sri Lanka, Tanzania, Bangladesh, Singapore, Mauritius, Madagascar, UAE, Yemen, Seychelles, Somalia, Comoros and Oman are among the members of IORA.
Significance of IORA:
The existence of IORA is a reminder of the untapped potential of Indian Ocean regionalism. Nearly five decades ago, in the aftermath of decolonisation, the attempt to bring together the Indian Ocean states faltered amidst deep divisions within the littoral and due to the negative impact of the Cold War. Today, the IORA underlines the region’s agency in shaping its own future.
IORA’s success would depend, to a large extent, upon what the middle powers of the Indian Ocean littoral, like Indonesia, Australia and India, can do. Together the three countries have already breathed new life into an organisation that few had heard of.
Also, India’s growing sea-borne trade and a historic power shift in the Indian Ocean compel Delhi to pay greater attention to securing a sustainable regional order in the vast littoral.