Bangkok Vision 2030

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Overview:

According to the Secretary (East) in the Ministry of External Affairs (MEA), The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) summit end of this year will adopt a Bangkok Vision 2030.

About Bangkok Vision 2030:

  • Thailand presented “BIMSTEC Bangkok Vision 2030” aiming to build a Prosperous, Resilient, and Open (PRO) BIMSTEC by 2030.
  • The Vision sets a clear direction and priorities as well as a goal for BIMSTEC collaboration to tackle challenges and seize opportunities for the coming decade.
  • The document aims to further promote BIMSTEC as a region of peace, stability, and economic sustainability.
  • The goals found in the vision are also in line with the United Nations’ Sustainable Development Goals and Thailand’s bio-circular-green economic model.

Key facts about BIMSTEC

  • It is a regional organization that was established on 06 June 1997 with the signing of the Bangkok Declaration.
  • Member countries: Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal
  • The Chairmanship of BIMSTEC rotates according to the alphabetical order of the English names of the Member States.
  • During the Third BIMSTEC Summit, the Secretariat was established in Dhaka, Bangladesh.

 


Q1) What are SDGs?

The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity. The 17 SDGs are integrated—they recognize that action in one area will affect outcomes in others, and that development must balance social, economic and environmental sustainability.

Source: BIMSTEC to focus on connectivity; to adopt Bangkok vision 2030 at next summit