|We were young and had very high ambition for ourself , Seychelles and the Indian Ocean nations. only we knew the real potential of our country. Particularly after the exposure to the European thinking. We had been privy to an alternative political, social and economic approach in Seychelles, Mauritius and East Africa before independance. Things had to change the year 1978.|
We had been exposed to interdisciplinary/multidisciplinary management approach at a very young age. already.
After very serious discussions with officials of UN - UNIDO - World bank seeking political and economuic change in Seychelles it was decided to take the bull by the horn. The first , most important undertaking was to research into the Small nation economic around the world - of most importance was the CARICOM, the pacific economic Association and South ern Africa economic grouping and Asian smalll nation grouping.
We knew that the UN, the USA, the Western nations , Soviet Union and China let alone the OAU would not support such an economic grouping for the Indian Ocean. So we undertook a research using UNIDO- world Bank facilities titled Indian Ocean Industrial Investment and Promotion Centre.
Among the personalities who lent their support was Prof Dr Micheal Hoffman and executive of Interdisciplinary management Institute , the Austrian government COMECON consultant office AstroPlan, the Austrian Trade Officials for East Africa, two other leading Austrian consultant comapny, a leading management company , the Head of SGS Vienna, Inter Office Director - owned by Dr Ditrich Vograin, Dip Kaufman Sepp Rainer of FB company, the Officials of Iranian Airline, Officials of Austria two leading Banks, Leading politicians two other leading Viennese families with important business connections in Vienna - austria. Most important the support of Mr David Rakotopare former director of Madagascar Central Bank and the brother inlaw of the then President of Madagascar. We also had support from French , South African Embassy , Israel Officials. We also had the support of important Iranian officials at UNIDO and Important government official support.
Copy of the research was handed to the following officials, UNIDO, World Bank, Seychelles government President FA Rene, government secretary and Chief Executive of SFA Mr Maxime Fayon, Minister Dr Maxime Ferrari Office, we had met Seychelles Ambassador in France - Mr Ralph Adam later Minister, the OAU, the South African government, Prof Dr Micheal Hoffman of IMI , Austrian government officials, Officials of Austria Leading Bank , Heads of Vienna base leading Project Management - Consultlants in COMECON, Africa, and Arab countries.
At a meeting of leading Mininsters of the regional nations, most prominent Seychelles Minister of Development , Dr Maxime Ferrari of the Indian Ocean - the idea /concept was presented discussed for the setting up of an economic grouping of the small nations of the Indian Ocean later to be called COI It was the first step .