BIMSTEC Seeks Stronger Ties and Cooperation

12 August 2017

The 18th session of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Senior Officials' Meeting and the 15th BIMSTEC Ministerial Meeting held in Kathmandu, Nepal, stressed the importance of cooperation in energy, technology, trade, and transport, through a revitalized, more integrated, and stronger BIMSTEC process.

The Joint Statement issued at the Ministerial Meeting underscored the urgent need to finalize the BIMSTEC Free Trade Area Agreement at the soonest possible time. The Meetings agreed to sign the memorandum of understanding for the establishment of a grid connection, expedite comments and observations on the BIMSTEC Framework Agreement on Transit, Transshipment and Movement of Vehicular Traffic and the BIMSTEC Coastal Shipping Agreement, and conclude the memorandum of association to establish a technology transfer facility.

Mr. Shahidul Islam, Bangladesh Ambassador to France, has been appointed as new Secretary General of BIMSTEC.

 

Related Links:

The sixth and final unit of the Punatsangchhu-II Hydropower Project was successfully synchronized with Bhutan’s national grid on...

Read More


Mr. Vikram Misri, Foreign Secretary of the Government of India, visited Nepal on 17-18 August 2025 to strengthen...

Read More


The Government of India approved the purchase of an additional 200 MW of electricity from Nepal, effective 11...

Read More


The India-Bhutan energy partnership reached a major milestone with the operationalization of the fifth unit of the 1,020...

Read More


The Government of Bangladesh has launched a fully automated trade clearance system, making the submission and issuance of...

Read More


Assam and Bhutan have pledged to strengthen their bilateral tourism ties by collaborating on smoother and more accessible...

Read More


The new Gelephu Integrated Check Post (ICP) in Bhutan, which will play a key role in the Gelephu...

Read More