As a counterpoise to European Community, the Indian Ocean Community can bring new developmental opportunities for over a third of humanity and contribute to setting up an equitable and just global order. Rastram is Indian Ocean Community. Nations along the rim of the Ocean of 63,000 miles should together constitute a socio-economic powerhouse to resolve the global financial crisis. Trans-Asian Railway Network and Trans-Asian Highway Network link Bangkok with Vladivostok as an economic multiplier. Law of the Sea changes extend Special Marine Economic Zone to 200 nautical miles from the shoreline offering new opportunities for sustainable development of fisheries and off-shore explorations.