Azerbaijan, Baku, March 25 / Trend M. Moezzi /
Iran has become a member of the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), Mehr news agency reports.
The IOR-ARC's goals include the balanced development of member countries, exploring ways to increase and diversify trade between member countries and creating common areas for economic cooperation.
Membership in the IOR-ARC is open to all countries bordering the Indian Ocean.