BIMSTEC countries to adopt Kathmandu Declaration
The fourth BIMSTEC Summit will conclude in Kathmandu today. The leaders of seven member states Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand will adopt the Kathmandu Declaration.
The Kathmandu declaration by Bimstec leaders is aimed at bringing in a greater sense of purpose and direction for the two-decade-old grouping that is still struggling to come of age, officials familiar with the developments said.
The declaration is aimed at narrowing down the immediate focus areas of the grouping from the 14 subjects it has been dealing with since it was established in 1997.
While these 14 issues will remain part of the Bimstec process, the declaration will narrow down the focus to connectivity, trade, counter-terrorism, livelihood issues and disaster management, the officials said.
The declaration by the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation will also focus on improving the structure and implementation mechanism, they said.
This will include strengthening the Bimstec secretariat and putting in place a working group mechanism to ensure the commitments made by leaders of member states are followed up. The grouping is also finalising a Bimstec charter.
A MoU on establishment of BIMSTEC Grid Interconnection will also be signed.
outcome of the summit is expected to set the BIMSTEC on a firm institutional foundation with a very focused and reoriented directions for the future.
bilateral meetings with the leaders of Thailand, Myanmar and Bhutan will be held
the Nepal-Bharat Maitri Pashupati Dharamshala in the famous Pashupatinath temple premises will be jointly inaugurated
The fourth BIMSTEC Summit will conclude in Kathmandu today. The leaders of seven member states Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand will adopt the Kathmandu Declaration.
The Kathmandu declaration by Bimstec leaders is aimed at bringing in a greater sense of purpose and direction for the two-decade-old grouping that is still struggling to come of age, officials familiar with the developments said.
The declaration is aimed at narrowing down the immediate focus areas of the grouping from the 14 subjects it has been dealing with since it was established in 1997.
While these 14 issues will remain part of the Bimstec process, the declaration will narrow down the focus to connectivity, trade, counter-terrorism, livelihood issues and disaster management, the officials said.
The declaration by the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation will also focus on improving the structure and implementation mechanism, they said.
This will include strengthening the Bimstec secretariat and putting in place a working group mechanism to ensure the commitments made by leaders of member states are followed up. The grouping is also finalising a Bimstec charter.
A MoU on establishment of BIMSTEC Grid Interconnection will also be signed.
outcome of the summit is expected to set the BIMSTEC on a firm institutional foundation with a very focused and reoriented directions for the future.
bilateral meetings with the leaders of Thailand, Myanmar and Bhutan will be held
the Nepal-Bharat Maitri Pashupati Dharamshala in the famous Pashupatinath temple premises will be jointly inaugurated