♤ 39 Indian Ocean countries identified under Project Mausam.

1.3. Blue Economy

♤ The Blue Economy is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, while preserving the health of marine and coastal ecosystem. The Blue Economy encompasses many activities that impact every one. (World Bank)

♤ The objective of the Blue Economy is to promote smart, sustainable and inclusive growth and employment opportunities within the Indian Ocean region maritime economic activities. The Blue Economy is determined to initiate appropriate programs for sustainable harnessing of ocean resources, research and develop relevant sectors of oceanography, assess stock marine resources, introduce marine aquaculture deep sea/long line fishing and biotechnology and develop human resources. (IORA)

♤ This special area of focus was recognised at the 14th IORA Ministerial Meeting in Perth, Australia, on 9 October 2014.

1.4. The Indian Ocean Rim Association (IORA)