BIMSTEC - Let's know about this and what it's work and what is the role of our Country
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of seven nations of South Asia and South East Asia, housing 1.5 billion people and having a combined gross domestic product of $3.5 trillion (2018).It is headquartered in Dhaka, Bangladesh.
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PADOSI PRATHAM
Invited by Prime Minister Narendra Modi
The oath-taking ceremony was held at Rashtrapati Bhavan in New Delhi, which was attended by more than 6000 invitees including leaders from BIMSTEC countries.
India is likely to find that focusing its diplomatic energies on BIMSTEC member states could be rewarding. For one, relationships among BIMSTEC members are generally cordial, unlike the strained India-Pakistan relationship, which repeatedly tripped up SAARC.
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Areas of Cooperation
- Trade and Investment
- Technology
- Energy
- Transportation and Communication
- Tourism
- Fisheries
- Agriculture
- Cultural Cooperation
- Environment and Disaster Management
- Public Health
- People-to-People Contact
- Poverty Alleviation
- Counter Terrorism and Transnational Crime
- Climate Change
NEXT SUMMIT
- Sri Lanka assumes chairmanship of BIMSTEC, to hold next summit.
- The Chairmanship of the BIMSTEC was today handed over to Sri Lankan President Maithripala Sirisena by Nepal's Prime Minister Sharma Oli.
- The Chairmanship of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) rotates among the Member States. Nepal is the present chair of BIMSTEC.
- Oli handed over the Chairmanship of the seven-member grouping to Sirisena at the end of the 4th BIMSTEC Summit here(NEPAL)
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