India, Mauritius and other countries of the Indian Ocean Rim
Association for Regional Cooperation (IOR-ARC) on 5 July 2013 agreed to
encourage open regionalism to promote trade and minimise the
barriers.The Communique issued after conclusion of the 2-day IOR-ARC
Economic and Business Conference in Port Louis urged member states to
harmonise trade practices in line with international norms and take
steps to minimise barriers.
The communique, issued by Member States and Dialogue Partners of the
IOR-ARC, was released at a joint press conference by Commerce and
Industry Minister Anand Sharma and Mauritian Minister of Foreign
Affairs, Regional Integration and International Trade Arvin Boolell.
IOR-ARC members include Australia, Bangladesh, India, Indonesia, Iran,
Malaysia, Mauritius, Singapore, South Africa, Thailand and UAE.
Background
The Indian Ocean Rim defines a distinctive area in international politics consisting of coastal states bordering the Indian Ocean. It is a region of much diversity, in culture, race, religion, economic development, and strategic interests. The countries vary in the size of their populations, economies, trade, and technological development and in the composition of their GDP. A number of sub-regions are evident, for example Southern and Eastern Africa, Gulf of Aden, Oman Sea, South-Asia, Southeast Asia, and Australasia. It also includes a number of regional organisations, such as ASEAN, GCC, SAARC, and SADCC.
The Indian Ocean Rim defines a distinctive area in international politics consisting of coastal states bordering the Indian Ocean. It is a region of much diversity, in culture, race, religion, economic development, and strategic interests. The countries vary in the size of their populations, economies, trade, and technological development and in the composition of their GDP. A number of sub-regions are evident, for example Southern and Eastern Africa, Gulf of Aden, Oman Sea, South-Asia, Southeast Asia, and Australasia. It also includes a number of regional organisations, such as ASEAN, GCC, SAARC, and SADCC.
After the Second World War, the decolonisation process ended British
hegemony in the Indian Ocean. Superpower rivalry in the region
escalated, due to the strategic importance of the area. The common
historical experience of European imperialism had left a lasting
impression on the leaders of states in the Indian Ocean region - of a
sense of shared identity. The rediscovery of the past littoral economic,
social and cultural community, of an ocean-centric regional
co-operative grouping serving as a bridgehead between Africa, Asia and
Australasia, therefore seemed only natural.
In 1995, during a visit to India, President Nelson Mandela stated
that the natural urge of the facts of history and geography should
broaden itself to include the concept of an Indian Ocean Rim for
socio-economic co-operation and other peaceful endeavors. Recent changes
in the international system demand that the countries of the Indian
Ocean shall become a single platform.
The Mighty Indian Ocean
The Indian Ocean is the world's third largest Ocean. It carries half
of the world's container ships, one third of the bulk cargo traffic,
two-thirds of the world's oil shipments. It is a lifeline of
international trade and economy. The region is woven together by trade
routes and commands control of the major sea-lanes. The Indian Ocean Rim
constitutes between a quarter and a third of the world's population
(close to two billion) which makes it a massive market. It is rich in
strategic and precious minerals and metals and other natural resources,
valuable marine resources ranging from food fisheries to raw material
and energy for industries. It has abundant agricultural wealth in terms
of the variety and mass of arable land and has significant human
resources and technological capabilities. Many countries of the Rim are
becoming globally competitive and are developing new capacities, which
can be jointly harnessed through regional co-operation efforts.
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