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.