Interational Current Affairs - 2019

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IORA Leaders Summit held in Jakarta

The Indian Ocean Rim Association (IORA) Leaders’ Summit was recently held in Jakarta, capital of Indonesia from March 5 to 7, 2017.

The theme of the summit was ‘Strengthening Maritime Cooperation for a Peaceful, Stable and Prosperous Indian Ocean’.  It was attended by leaders from 21 member states of IORA. From India, Vice President Hamid Ansari attended the two-day summit.

Key Highlights of IORA 2017
  • It drew attention on issues of regional interest such as maritime security, disaster relief and humanitarian assistance, fisheries management, people-to-people exchanges, trade and investment and tourism.
  • 21 member states issued a strategic vision document known as the Jakarta Concord. It sets out a vision strengthening the regional architecture to face its challenges.
  • It also issued Joint Declaration of the IORA business Community to build partnership for a sustainable and equitable economic growth.
  • It also adopted IORA Action Plan, a document containing the implementation actions of the Jakarta Concord to strengthen the implementation of priority areas and cross-sectorial commitments.
  • The Declaration on Preventing and Countering Terrorism and Violent Extremism was also adopted, stating importance of countering terrorism.
  • The member nations stressed on the need to work together in order to eliminate the growth and spread of terrorism and violent extremism. 
About Indian Ocean Rim Association (IORA)
  • IORA is an international organisation consisting of coastal states bordering the Indian Ocean, established in 1997 to promote IORAcooperation in the IOR.
  • It is a 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 21 member states (including India) and 7 dialogue partners. Besides, Indian Ocean Research Group and the Indian Ocean Tourism Organisation have observer status.

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