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AfricaMoney | August 22, 2017

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Economic forum of Indian Ocean islands assesses regional economic cooperation

Economic forum of Indian Ocean islands assesses regional economic cooperation

This tenth edition is considered a golden opportunity to assess the decade of economic cooperation and business partnerships at the regional level, spurring the Union of Chambers of Commerce and Industry of the Indian Ocean (UCCIOI) to present its road map for the next few years to come. (Image: FCCIM)

The 10th Economic forum of the Indian Ocean islands (FEIOI) opened yesterday, October 23, 2014, in Comoros, with operators and public sector representatives of the member countries of the Indian Ocean Commission (IOC) assessing the regional economic cooperation, discussing business opportunities in the sectors of growth and building stronger partnerships.

Under the aegis of the Union of Chambers of Commerce and Industry of the Indian Ocean (UCCIOI), with the unwavering support of IOC and the European Union, the Union of the Chambers of Commerce, Industry and Agriculture of Comoros (UCCIA) is holding this event in Moroni, Union of Comoros, from October 23 to 25, 2014.

This event is underlining sectors of innovation and sustainable growth in a renewed spirit of regional cooperation.

The participants will be provided with the opportunity to share information on the ways that companies can gain access to international markets (standardization and international calls for tender); synergies to be developed in the ICT sector; growth potential and development of the blue economy for companies; and waste management for sustainable development.

This tenth edition is considered a golden opportunity to assess the decade of economic cooperation and business partnerships at the regional level, spurring the UCCIOI to present its road map for the upcoming years.

The targeted number of participants expected overall is 300, with approximately ten delegates from Mauritius likely to be present for this edition, according to official circles.

Addresses are expected to be delivered by the President of the UCCIA, the General Secretary of IOC and chairman of the Regional Council of Reunion island during the course of the event.

The representatives of member countries are requested to undertake presentations on the business opportunities in their respective countries over Friday and Saturday.

Presentation slots have been allocated to these organisations: Club Export Reunion Island, Société Industrielle du Boina (SIB) of Seychelles, Club export Mayotte, Mauritius’ Board of Investment, and finally, the Economic Development Board of Madagascar (EDBM).

Besides, the participants will discuss the projects financed by the Agence Française de Développement (AFD, or French Development Agency), IOC and the African Development Bank.

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