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Indian Ocean Rim Association: India's Trade Potential With Member Nations

Indian Ocean Rim Association: India's Trade Potential With Member Nations

Jasdeep Kaur Dhami, Manbir Singh
Copyright: © 2020 |Pages: 26
ISBN13: 9781799817307|ISBN10: 179981730X|ISBN13 Softcover: 9781799817314|EISBN13: 9781799817321
DOI: 10.4018/978-1-7998-1730-7.ch009
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MLA

Dhami, Jasdeep Kaur, and Manbir Singh. "Indian Ocean Rim Association: India's Trade Potential With Member Nations." Regional Trade and Development Strategies in the Era of Globalization, edited by Akhilesh Chandra Prabhakar, et al., IGI Global, 2020, pp. 169-194. https://doi.org/10.4018/978-1-7998-1730-7.ch009

APA

Dhami, J. K. & Singh, M. (2020). Indian Ocean Rim Association: India's Trade Potential With Member Nations. In A. Prabhakar, G. Kaur, & V. Erokhin (Eds.), Regional Trade and Development Strategies in the Era of Globalization (pp. 169-194). IGI Global. https://doi.org/10.4018/978-1-7998-1730-7.ch009

Chicago

Dhami, Jasdeep Kaur, and Manbir Singh. "Indian Ocean Rim Association: India's Trade Potential With Member Nations." In Regional Trade and Development Strategies in the Era of Globalization, edited by Akhilesh Chandra Prabhakar, Gurpreet Kaur, and Vasilii Erokhin, 169-194. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-1730-7.ch009

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Abstract

The Indian Ocean Rim Association (IORA) is a regional forum that focuses on bringing together representatives of government, business, and academia, for promotion purposes. It depends on the principles of open regionalism for strengthening trade facilitation and investment, promotion, and social development of the region. Social, cultural, political, geographical, and economic linkages exist between 22 member nations. The main objective of this chapter is analyzing India's trade potential with IORA member nations. The main outcome of this chapter is that India should concentrate on ammonium dihydrogen orthophosphate for Australia, gold and semi-manufactured for Singapore, mineral or chemical fertilizers for Thailand, tankers for Malaysia, warp knit fabrics of synthetic fibers for Indonesia, ammonium dihydrogen orthophosphate for South Africa, palm oil and fractions for Sri Lanka, Bangladesh, Mozambique, Tanzania, the United Republic of Yemen, crude palm oil for Kenya, bigeye tunas, frozen for Mauritius, and carded yarn of fine animal hair for Madagascar.

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