11th round of IOR-ARC senior employees committee opened in Sana'a

SANA'A, June 23 (Saba)-The 11th round of the senior employees
committee of Indian Ocean Rim-Association for Regional Cooperation
(IOR-ARC) was held in Sana'a on Tuesday with participation of the
eighteen member states of the association.

In the opening session, Yemen represented by deputy foreign minister
Muhyyedin al-Dabi was handed over the presidency of the round for
two years.

Al-Dabi said that Yemen would work to achieve objectives of the
association and enhance the joint cooperation between the member
countries

The two-day meeting, the participants would discuss reports of the
academicians group and the Indian Ocean Rim Business Forum (IORBF)
of the association.

The reports focused on means of boosting the cooperation to face
impacts of the global financial crisis, and in fields of commercial
and technological cooperation.

Al-Dabi expected that the meetings of the association would come out
with results that meet ambitions of the member countries, saying
that a committee was formed to review the internal bylaw of the
association in order to develop it.

The Indian Ocean Rim-Association for Regional Cooperation (IOR-ARC),
initially known as the Indian Ocean Rim Initiative, is an
international organization with 18 member states. It was first
established in Mauritius on March 1995 and formally launched on 6-7
March 1997.

The Association disseminates information on trade and investment
regimes, with a view to helping the region's business community
better understand the impediments to trade and investment within the
region. These information exchanges have been intended to serve as a
base to expand intra-regional trade.

Member states include Australia, Bangladesh, India, Indonesia, Iran,
Kenya, Madagascar, Malaysia, Mauritius, Mozambique, Oman, Singapore,
South Africa, Sri Lanka, Tanzania, Thailand, the United Arab
Emirates, and Yemen.