Indian Ocean Commission

Indian Ocean Commission

Indian Ocean Commission (IOC) in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of Indian Ocean Commission (IOC): A regional cooperation organization including Comoros, Madagascar, Mauritius, Reunion (France), and Seychelles, founded in 1982. Objectives include policy coordination and trade integration. Establishment of a preferential trade regime has been blocked by membership of Mauritius and Comoros in the PTA, while Reunion has no autonomy in setting its trade policy. Limited transport links inhibit intra-regional trade.