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June 06, 2017
BIMSTEC Day
[6 June]
Today, we celebrate the 20th Anniversary of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). BIMSTEC, a sub-regional organization that constitutes a bridge between South and South-East Asia, has become a key platform for regional cooperation in recent times. The BIMSTEC region is home to around 1.5 billion people which constitute around 22% of the global population and a combined GDP of over US$ 2.5 trillion.
BIMSTEC came into existence on June 6, 1997 through the Bangkok Declaration. Its Membership constitutes seven Member States: Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand. Ambassador Sumith Nakandala of Sri Lanka is the current Secretary General of BIMSTEC. BIMSTEC Secretariat is situated in Dhaka.
Unlike many other regional groupings, BIMSTEC is a sector-driven cooperative organization: agriculture, public health, poverty alleviation, counter-terrorism, environment, culture, people to people contact and climate change.
Following the BIMSTEC Leaders' Retreat hosted by Prime Minister of India in October 2016 in Goa, there is a renewed impetus to energise BIMSTEC and transform its role for enhanced regional cooperation. The Retreat has been described by various member countries as a turning point.
At the 17th Senior Official Meeting (SOM) held in February 2017 in Kathmandu, countries have expressed their firm commitment to realize the full potential for the grouping and to undertake measures as agreed to implement the Agenda for Action adopted during the Retreat.
Among the 14 priority areas in BIMSTEC (in each of which a Member Country takes lead), India is the Lead Country for Counter-Terrorism and Transnational Crime; Transport & Communication; Tourism; and Environment and Disaster Management. Sri Lanka is the lead country for Technology.
India has offered several initiatives to advance the Agenda for Action.
In addition, the following initiatives are being hosted in India:
India reiterates the importance of cooperation within BIMSTEC based on respect for the principles of sovereign equality, territorial integrity, political independence, non-interference in internal affairs, peaceful co-existence and mutual benefit. India looks forward to active participation by all BIMSTEC Member Countries including Sri Lanka in the aforementioned events.
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