The UAE today hosted the 25th meeting of the Indian Ocean Rim Business Forum (IORBF). The event, which was held virtually as part of the Annual Investment Meeting under the theme of “Pathways to Prosperity: Regional Integration and Opportunities for the Private Sector,” aims to promote economic growth, trade, and investment in the Indian Ocean region.
The meeting was chaired by the Secretary-General of the UAE Federation of the Chambers of Commerce and Industry, His Excellency Humaid Ben Salem, as part of the UAE’s Chairship of the Indian Ocean Rim Association (IORA) for 2019-2021. The meeting brought together business representatives from IORA Member States and Dialogue Partners to discuss modernizing trade and investment in the Indian Ocean and the future of the IORBF in a post-COVID-19 world.
The IORBF is the primary IORA body for business representatives to advise IORA ministers and officials on business issues and ways to accelerate intra-regional trade and increase foreign direct investment flows in the region. IORBF membership is comprised of senior members of chambers of commerce and the business community who can effectively represent the national business interests of their economies.
The UAE joined IORA in 1999 and assumed chairship of the association during the 19th IORA Council of Ministers meeting held in Abu Dhabi on 7 November 2019 under the theme of "Promoting a Shared Destiny and Path to Prosperity in the Indian Ocean."
The IORBF, which is convened annually, last took place in Durban, South Africa on 18 June 2019.
Related News
UAE Welcomes IMO Maritime Safety Committee Decision Promoting Safe Navigation in the Gulf Region in Response to Iran’s Threats
The United Arab Emirates (UAE) welcomes the decision of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC)
View Details
Abdullah bin Zayed meets German Vice Chancellor & Finance Minister
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Lars Klingbeil, Vice-Chancellor of Germany and Federal Minister of Finance, during his working visit to Berlin.
View Details
Abdullah bin Zayed meets President of German Bundestag
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Julia Klöckner, President of the German Bundestag (Federal Parliament) of the Federal Republic of Germany, Omid Nouripour, Vice President of the Bundestag, and Armin Laschet, Chairman of the Bundestag’s Foreign Affairs Committee.
View Details
On Behalf of UAE President, H.E. Noura Al Kaabi Attends Montenegro’s 20th Independence Anniversary Celebrations
On behalf of His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, Her Excellency Noura bint Mohammed Al Kaabi, Minister of State, attended the official celebrations marking the 20th anniversary of the restoration of Montenegro’s independence, which were held in the capital, Podgorica.
View Details