Facts for Prelims (FFP)
Context:
India has assumed the chair of the Colombo Process for 2024-26, the first time since the forum’s inception in 2003.
About Colombo Process
The Colombo Process is a Regional Consultative Process focused on managing overseas employment and contractual labour. It comprises 12 Asian member states, including Bangladesh and Sri Lanka, with India as a founding member. Priority areas include skills and qualification recognition and fostering ethical recruitment practices. The UN’s International Organization for Migration provides technical and administrative support.
About the IOM:
Established in 1951 as part of the UN System, headquartered in Geneva, Switzerland. It comprises 175 member states and aims to address displacement issues and facilitate pathways for regular migration. It leads initiatives like the Global Compact For Migration.
Source: IE
