Workshop on BIMSTEC Transport Master Plan
The Asian Development Bank organized a Workshop to finalize the BIMSTEC Master Plan on Transport Connectivity. The Workshop introduced the process of developing the Master Plan, and presented the Master Plan's overall structure and main contents. In his opening remarks, Mr. Shahidul Islam, Secretary General, BIMSTEC, stressed the importance of the Master Plan in achieving the BIMSTEC vision of a peaceful, prosperous, and sustainable Bay of Bengal region.
Fourth BIMSTEC Summit Pledges to Deliver Results
The Fourth BIMSTEC Summit reaffirmed its goal of making the Bay of Bengal region peaceful, prosperous, and sustainable by building on their common strengths through their collective efforts. In the Kathmandu Declaration, the seven heads of state and government of BIMSTEC countries vowed to deliver results in various sectors of cooperation, including poverty alleviation, connectivity, trade and investment, people-to-people contact, and tourism.
India, Nepal Exchange MoU on the Raxaul-Kathmandu Railway Survey
The Governments of India and Nepal exchanged the MoU on preliminary engineering-cum-traffic survey on the broad gauge line between Raxaul, India, and Kathmandu, Nepal. The meeting between India Prime Minister Narendra Modi and Nepal Prime Minister KP Sharma Oli also reviewed India-Nepal relations, discussing ways to further deepen bilateral economic, trade, and cultural ties, and connectivity.
Bangladesh Prime Minister Hasina and Nepal Prime Minister Oli to Take Energy Cooperation to the Next Level
Bangladesh Prime Minister Sheikh Hasina and Nepal Prime Minister KP Sharma Oli agreed to take Bangladesh-Nepal cooperation in the energy sector to the next level. Mr. Ihsanul Karim, Bangladesh Press Secretary, reported that the two Prime Ministers agreed on the need to sign a memorandum of understanding to enable power trade.
BIMSTEC Foreign Ministers Approve $50 Billion Worth of Connectivity Projects
Foreign Ministers of BIMSTEC member countries approved in principle around 167 projects to improve connectivity in the region. The projects, detailed in a study by the Asian Development Bank, includes transportation and cross-border facilitation, multimodal transport and logistics, infrastructure development, aviation, maritime transport, human resources development, communication linkages, and networking in the region.
Events |
08 OctEconomic Corridor Development |
17 SepTransport |
12 SepTrade Facilitation |
30 JulTrade Facilitation |
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News |
31 August 2018 |
31 August 2018 |
31 August 2018 |
30 August 2018 |
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Projects |
BangladeshTransport/Rail |
BhutanTransport/Road |
BhutanTransport/Air |
IndiaTransport/Road |
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Publications |
