BIMSTEC Ministerial Meeting

About BIMSTEC Ministerial Meeting:

• During the meeting, the Ministers approved several documents including rules of Procedure for Core BIMSTEC Mechanisms, Sectoral BIMSTEC Mechanisms and BIMSTEC’s External Relations for submission to the 6th BIMSTEC Summit.
• The meeting also approved the draft Host Country Agreement between India and the BIMSTEC Secretariat for establishing BIMSTEC Centre for Weather and Climate in India.
• The Meeting also approved the Terms of Reference for an Eminent Person’s Group on the Future Directions of BIMSTEC.
• The Terms of Reference were finalized under the special scheme for institution building.
• Besides BIMSTEC Bangkok Vision 2030 was also approved and will be launched at the 6th BIMSTEC Summit.
• The Meeting also gave its nod to the Administrative and Disciplinary Rules of the Secretariat and amended Financial Rules and Regulations of the BIMSTEC Secretariat.

 

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.

 

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Q1) What is the aim of the BIMSTEC organisation?

The aim of the BIMSTEC organisationto create an enabling environment for rapid economic development; accelerate social progress; and promote collaboration on matters of common interest.

Source: Union Minister Rajkumar Ranjan Singh participates in the 19th BIMSTEC Ministerial Meeting