IORA Current Affairs

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.

Key Facts

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.

Month: Categories: International Current Affairs 2018

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21 IORA Countries adopt Delhi Declaration on Renewable Energy

21 countries in Indian Ocean Rim Association (IORA) adopted Delhi Declaration on Renewable Energy in Indian Ocean Region. It was adopted at 2nd IORA Renewable Energy Ministerial Meeting held at 2nd Global Re-Invest India-ISA Partnership Renewable Energy Investor’s Meet & Expo in Greater Noida.

Delhi Declaration on Renewable Energy

It calls for collaboration among IORA member states in meeting growing demand for renewable energy in Indian Ocean littorals, development of common renewable energy agenda for Indian Ocean region (IOR) and promote regional capacity building.

It also calls for promotion of technology development and transfer, strengthening of public private partnerships (PPP) in renewable energy and collaboration among IORA member states and member nations of International Solar Alliance (ISA).

IORA member countries also resolved to collaborate with International Renewable Energy Agency (IRENA). They will also collaborate with ISA member nations to exchange knowledge and share views and potential interests in renewable energy sector paved by MoU signed between IORA and ISA with focus on joint capacity-building programs, R&D activities in solar energy and exchange of best practices.

IORA member nations and IRENA also agreed to undertake expansion of Global Renewable Energy Atlas, world’s largest-ever joint renewable resource data project, coordinated by IRENA. This will help in creating Indian Ocean region’s first and most comprehensive map and database which can be used to tap sizable renewable energy potential of region and collaborate on opportunities available under International Renewable Energy Learning Platform (IRELP).

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 21 member states (including India) and 7 dialogue partners. Besides, Indian Ocean Research Group and Indian Ocean Tourism Organisation have observer status.

Month: Categories: International Current Affairs 2018

Tags: