Bangalore, Nov. 14 (ANI): External Affairs Minister S.M. Krishna inaugurated the 11th Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) conference here on Monday.
This meet is aimed to promote trade and investment among the countries in the Indian Ocean region.
Krishna met Sri Lanka's senior Minister of International Monetary Cooperation Sarath Amunugama, and Mauritius Minister of Foreign Affairs, Regional Integration and International Trade Arvin Boolell during the conference.
The ministers interacted on enhancing cooperation among the member countries in tourism, culture, education, skill development, fisheries, small-and-medium enterprises (SMEs), infrastructure, maritime transport cooperation and combating natural disasters.
India, the founding member of the IOR-ARC would be holding the chair of the IOR-ARC for the next two years, taking over from Yemen.
The association was set up in Mauritius in 1997.
Australia, Bangladesh, Indonesia, Iran, Kenya, Madagascar, Malaysia, Mauritius, Mozambique, Oman, Singapore, South Africa, Sri Lanka, Tanzania, Thailand, United Arab Emirates and Yemen are the member-countries.
This meet shall conclude on November 15, with the concluding conference of ministers (COM). (ANI)
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