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Mauritius to host 1st IORA ministerial conference on Blue Economy

Mauritius to host 1st IORA ministerial conference on Blue Economy

Mauritius is set to hold the first IORA ministerial conference on the Blue Economy, which aims at understanding and building on the concept of the ocean economy in order to generate employment and sustainable development as well as promote public-private partnership in exploring sea resources. (Image: iora.net)

The first ministerial conference of the Indian Ocean Rim Association (IORA) on the Blue Economy will be held in Mauritius from the 2nd to 4th September 2015.

It may be noted that Prime Minister Aneerod Jugnauth has already given his assent to inaugurate this ministerial meeting.

The conference emerges from the workshop of IORA’s 5th biannual meeting, which took place on May 28th and 29th of this year.

IORA’s aim is to promote the sustained growth and balanced development of the region and Member States by creating common ground for regional economic co-operation.

Last month in South Africa, a workshop was held, which aimed at identifying the interests of member countries for the development of the Blue Economy and the measures to be taken so that their interests are served.

The objective is to share information and to develop capacities so that the concerned countries can fight illegal fishing. The 5th biannual meeting of the committee of the high officials attracted representatives of 20 member countries of the IORA, which testifies to the importance that member countries grant to the regional economic commitment.

The objective of the upcoming conference in Mauritius is to understand and evolve the concept of the Blue Economy in order to generate employment and sustainable development of the Member States of IORA. It also aims at helping Member States exploit their vast ocean resources through cooperation in technology and research & development by ensuring sustainability.

Furthermore, the conference will analyse the existing capacities of the Member States in Fisheries and Aquaculture; Renewable Ocean Energy; Seaport and Shipping; and Seabed Exploration and Minerals as well as related programs and problems of SIDS with special reference to Mauritius’ economy.

Finally, the discussion will also hover around the ways and means to promote public-private partnership for exploring sea resources in the Member States of IORA and suggesting the common policy framework for the development of the Blue Economy in Member States.

About IORA:

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 member 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.

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