The minister left for Perth last night to participate in IOR-ARC, which was being chaired by India for last two years and Khurshid will hand over the baton to Australia, the Spokesperson in the External Affairs Ministry said here.
Indonesia will take over as Vice Chair of the 20-member organisation of countries from Indian Ocean region.
They are likely to discuss a range of issues tomorrow, including the name of the organisation itself, he said.
"Australia is also proposing declaration of Perth principles for peaceful and sustainable use of Indian Ocean and its resources," he said, while listing the possible issues to be discussed at the meeting tomorrow.
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The members would also discuss the mechanism and ways to strengthen the organisation, while another issue that may come up is the mobility within the Indian Ocean region universities.
Among other issues, Singh and Abbott had also discussed matters like cooperation in defence security and Nalanda University, and student exchange programmes.