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International Organisations

International Organisations

There are a number of International Organisations which assist in building international trade globally:

IOR-ARC - Indian Ocean Rim Association for Regional Co-Operation

The Indian Ocean Rim defines a distinctive area in international politics consisting of coastal states bordering the Indian Ocean. It is a region of much diversity, in culture, race, religion, economic development, and strategic interests. The countries vary in the size of their populations, economies, trade, and technological development and in the composition of their GDP. A number of sub-regions are evident, for example Southern and Eastern Africa, Gulf of Aden, Oman Sea, South-Asia, Southeast Asia, and Australasia. It also includes a number of regional organisations, such as ASEAN, GCC, SAARC, and SADCC.

The IOR-ARC is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment, Promotion as well as Social Development of the region.

The open regionalism, which is more member-friendly than other neo-liberal regional arrangements, includes three key components namely, the Trade Liberalisation (b) Trade and Investment Facilitation and (c) Economic and Technical Cooperation.

APEC - Asia-Pacific Economic Cooperation

Asia-Pacific Economic Cooperation (APEC) works in three broad areas to meet the Bogor Goals of free and open trade and investment in the Asia-Pacific by 2010 for industrialized economies and 2020 for developing economies.
Known as APEC's 'Three Pillars', APEC focuses on three key areas:
  • Trade and Investment Liberalisation
  • Business Facilitation
  • Economic and Technical Cooperation
The outcomes of these three areas enable APEC Member Economies to strengthen their economies by pooling resources within the region and achieving efficiencies. Tangible benefits are also delivered to consumers in the APEC region through increased training and employment opportunities, greater choices in the marketplace, cheaper goods and services and improved access to international markets.
ASEAN - Association of Southeast Asian Nations
As set out in the ASEAN Declaration, the aims and purposes of ASEAN are:
  1. To accelerate the economic growth, social progress and cultural development in the region through joint endeavours in the spirit of equality and partnership in order to strengthen the foundation for a prosperous and peaceful community of Southeast Asian Nations;
  2. To promote regional peace and stability through abiding respect for justice and the rule of law in the relationship among countries of the region and adherence to the principles of the United Nations Charter;
  3. To promote active collaboration and mutual assistance on matters of common interest in the economic, social, cultural, technical, scientific and administrative fields;
  4. To provide assistance to each other in the form of training and research facilities in the educational, professional, technical and administrative spheres;
  5. To collaborate more effectively for the greater utilisation of their agriculture and industries, the expansion of their trade, including the study of the problems of international commodity trade, the improvement of their transportation and communications facilities and the raising of the living standards of their peoples;
  6. To promote Southeast Asian studies; and
  7. To maintain close and beneficial cooperation with existing international and regional organisations with similar aims and purposes, and explore all avenues for even closer cooperation among themselves.
ICC - International Chamber of Commerce
ICC was founded in 1919 with the aim of strengthening commercial ties among nations for the good of global living standards and good for peace.  ICC provides a forum for businesses and other organisations to examine and better comprehend the nature and significance of the major shifts taking place in the world economy.  The ICC also offer an influential and respected channel for supplying business leadership to help governments manage those shifts in a collaborative manner for the benefit of the world economy as a whole.
WCN - World Chambers Network
The WCN is the official chamber portal dedicated to electronic international trade.  WCN's unique platform is a vital business tool which offers promotion, verification and trust services which:
  1. Help foster open and comprehensive exchange of business information on companies, products, services, markets and resources
  2. Establishes an electronic commerce network that links chambers of commerce, companies and their customers from around the world
  3. Enables each participating chamber of commerce to serve as a unique content provider and become an electronic commerce facilitator for its local companies.
CACCI - Confederation of Asia Pacific Chambers of Commerce & Industry
The Confereration of Asia-Pacific Chambers of Commerce and Industry (CACCI) is a regional grouping of apex national chambers of commerce and industry, business associations and business enterprises in Asia and the Western Pacific.
CACCI is a non-governmental organisation serving as a forum for promoting the vital role of businessmen in the region, increasing regional business interaction and enhancing regional economic growth.  Since its establishment in 1966, CACCI has grown into a network of national chambers of commerce with a total now of 29 primary members from 27 countries.  It cuts across national boundaries to link businessmen and promote economic growth throughout the Asia Pacific region.