IOC summit due in Antananarivo

Leaders of the Indian Ocean Commission (IOC) will hold a summit in Antananarivo, Madagascar, on 22 July, official sources have said.

Headquartered at Quatre-Bornes, 20 km south of Port- Louis, the IOC groups Mauritius, Madagascar, Reunion, the Seychelles and the Comoros.

Formed in 1984, it seeks to integrate the region into the world economy, work at preserving marine and coastal environment, protecting people as well as developing cultural, university and research cooperation.

The IOC`s major donors are the European Commission, the World Bank, the African Development Bank, the UN system, UNESCO, the Francophonie and France.

For the 2005-2006 period, the IOC will mobilise 80 million euro from foreign sources to fund projects, including the current 16 which are being implemented.

Quatre-Bornes, Mauritius, 07/18

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