Formation
On 29-31 March 1995, the Mauritius
Government convened a meeting to discuss the enhancement of
economic co-operation among countries of the Indian Ocean Rim.
Representatives from the government, business sectors and academia,
from Australia, India, Kenya, Mauritius, Sultanate of Oman,
Singapore and South Africa, known as the "CoreGroupStates" or M-7,
attended the meeting. In a joint statement issued at the end of the
meeting, the participants declared that they had agreed on
"Principles of Open Regionalism and Inclusivity of Membership, with
the objectives of Trade Liberalization and Promoting Trade
Co-operation. Activities would focus on Trade Facilitation,
Investment Promotion and Economic Co-operation."
A tripartite Working Group
(Government, Academic and Private Sector) met in Mauritius on 15
-17 August of 1995. This meeting decided to create a "Second Track"
process as complimentary to an Inter-Governmental Movement. A later
meeting during September 1996 in Mauritius finalised a Charter for
the creation of the IOR-ARC, and expanded the membership to include
Indonesia, Malaysia, Sri Lanka, Yemen,Tanzania, Madagascar and
Mozambique- known as the M-14.
Formal Launch of
IOR-ARC
Adoption of Charter
The IOR-ARC was formally launched at the first Ministerial Meeting
in Mauritius on 6 - 7 March 1997. This meeting adopted the IOR-ARC
Charter, and determined a number of administrative and procedural
matters.
Mechanism for Launch and
Dialogue Partners
The Second Biennial Council of Ministers Meeting was held in
Maputo, Mozambique in March 1999. This meeting was critical for the
future of the IOR-ARC, and Ministers agreed to a realistic,
outcomes focused Trade and Investment Agenda, based on Trade
Facilitation, Trade Liberalisation, and Economic and Technical
Co-operation. It was agreed to establish a Working Group on Trade
and Investment (WGTI). The Ministers also decided to invite
Bangladesh, Islamic Republic of Iran, Seychelles, Thailand and the
UAE to join the Association, and to invite Egypt and Japan to
participate as Dialogue Partners.
An extraordinary meeting of the
IOR-ARC Ministerial Council took place in Muscat, Oman, in January
2000, designed to formally welcome the new members and Dialogue
Partners in the IOR-ARC. This was also the first time that the WGTI
met. At this meeting, the Ministers adopted a Trade and Investment
Plan of Action, which included an agreement to compile a Compendia
on Customs Regimes, Quarantine and Food Inspection and Investment
Regimes, to be completed before the next Ministerial Meeting in
Oman in April 2001. The meeting also approved applications for
Dialogue Partner Status from the Peoples Republic of China and the
United Kingdom.
The Third Ministerial Meeting of
the IOR-ARC was held in Muscat, Sultanate of Oman, on 7 and 8 April
2001. This Council of Ministers (COM) meeting was immediately
preceded by meetings of the Committee of Senior Officials (CSO),
the Indian Ocean Rim Academic Group (IORAG), the Indian Ocean Rim
Business Forum (IORBF) and the Working Group on Trade and
Investment (WGTI). At this meetingFrancewas admitted as a Dialogue
Partner.
The IOR-ARC High Level Task
Force
On 12-13 October 2003, at the fourth Council of Ministers meeting
held in Colombo, Sri Lanka, the recommendation of the Committee of
Senior Officials that a High-Level Task Force (HLTF) comprising
representatives of the Troika be established to study the future
direction of IOR-ARC, its Organizational Structure and funding of
the Secretariat, including the Rules and Procedures for the
appointment of the Director, and to consider the modalities for
interaction between the Member States and the Dialogue Partners and
Observers, as well as the possibility of establishing additional
criteria for the grant of Dialogue Partnership Status, if required,
were endorsed. The Report of the HLTF was adopted in this
meeting.
On 26-27 August 2004, the fifth Council of Ministers meeting in
Colombo, Sri Lanka, the First Executive Director was appointed
fromSri Lanka for a period of 3 years.
Adoption of the Rules of
Procedures, Staff Regulation and Finance Regulation for
IOR-ARC
On 5 August 2010, at the tenth Council of Ministers meeting in
Sana'a Yemen, the revised Charter of IOR-ARC as well as the Rules
of Procedure, Staff Regulations for the Secretariat, Financial
Regulations for IOR-ARC, was adopted by the Council of
Ministers.