4th BIMSTEC Summit to be held towards end of 2017

bimstecfijughruohguo

The 4th BIMSTEC Summit will be held towards the end of 2017. Addressing the media after 17th session of BIMSTEC senior official’s meeting at Kathmandu on Tuesday, Nepal Foreign Secretary Shankar Das Bairagi said that summit will take place in October-November but the dates will be finalised after consultation with member states.


As part of preparation of the summit Foreign Ministers meeting will be held at Kathmandu in June 2017 various core sectors including connectivity, trade, investment, energy, technology transfer and tourism were discussed in the meeting.

India’s chance on Security:

BRICS and BIMSTEC Summits in Goa

  • India will host the first meeting of national security advisers of BIMSTEC countries in the coming months to cooordinate action against terrorism, extremism and radicalization.
  • The Indian offer comes as concerns about the radicalization of Rohingyas by Pakistani terror group Lashkar-e-Taiba (LeT) have grown in recent months. This issue formed part of the conversation between Indian leadership and the Myanmar NSA U Thaung Tun, who visited last week for talks with foreign secretary S Jaishankar and NSA Ajit Doval.

Future Steps:

  • Taking forward the connectivity project between these countries, India would organize a meeting of the operative group that is working on a motor vehicles agreement.
  • An MOU on Grid Interconnection has also been finalized to facilitate electricity trade in the region. The Trade Negotiating Committee would shortly take up trade and trade facilitation matters. Given the region’s vulnerability to natural calamities, India would organize the first annual disaster management exercise.
  • A task force on traditional medicine has been created that would meet in India to work on strengthening the role of traditional medicine for holistic health care. A network of BIMSTEC tour operators would be organized in India to boost tourism through measures such as composite tour packages.

About BIMSTEC (Bay of Bengal Initiative on Multi Sectoral Technical and Economic Cooperation)

bimstec-4-638

  • The BIMSTEC is the sub-regional group of seven countries in South Asia and South East Asia lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity.
  • They are India, Nepal, Bangladesh, Bhutan, Sri Lanka from South Asia and Myanmar, Thailand from South East Asia.
  • Established: 6 June 1997 through the Bangkok Declaration.
  • Headquarters: Dhaka, Bangladesh.
  • Objectives:
    • Technological and economical cooperation among south Asian and south East Asian countries along the coast of the Bay of Bengal.
    • It also covers cooperation in commerce, technology, investment, agriculture, tourism, human resource development, fisheries, transport and communication, textiles, leather etc.
Print Friendly
Current Affairs ONLY
Register New Account
Reset Password