Credits of the Subject “Indian-Ocean Rim Association (IORA)”: 1
Indian-Ocean Rim Association:
The dialogue partners of the Indian-Ocean Rim Association are
China, Egypt, Germany, Italy, Japan, South Korea, Turkey, the UK, and the United States.
The focus of the Indian-Ocean Rim Association is on the economic cooperation and particularly
in International Trade and
Foreign Direct Investment.
The Indian-Ocean Rim Association (IORA) is a lifeline of International Trade and economy
The Indian-Ocean Rim Association is firmly based on the principle of open Regionalization, as promoted by WTO
One of the objectives of the Indian-Ocean Rim Association is to create a Preferential Trade Agreement (PTA) in the region
The economies of the Indian-Ocean Rim Association are home to 2 billion people and represents 40% of the World's population
The Indian Ocean is the third biggest Ocean and carries 50% of
container ships in the World, 33% of bulk cargo traffic and 66% of petroleum shipment in the World
Multi-religious countries: Singapore and Madagascar
The Indian-Ocean Rim Association (IORA) is an inter-civilization agreement
between Western Civilization, Sinic-Buddhist, Hindu Civilization, and Islamic Civilization.