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A Monthly Newsletter from the BIMSTEC Working Group (BWG)

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Joint Statement of the Thirteenth BIMSTEC Ministerial Meeting Nay Pyi Taw, 22 January 2011 |
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The 13th Ministerial Meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was held in Nay Pyi Taw, Myanmar on 22 January 2011. |
The Meeting was attended by H.E. Dr. Dipu Moni, M.P., Minister for Foreign Affairs of the People’s Republic of Bangladesh, H.E. Lyonpo Yeshey Zimba, Minister-in-Charge of Foreign Affairs of the Kingdom of Bhutan, H.E. Mrs. Preneet Kaur, Minister of State for External Affairs of the Republic of India, H.E. U Nyan Win, Minister for Foreign Affairs of the Union of Myanmar, H.E Ms. Gunalaxmi Sharma Bishwokarma, Ambassador of the Federal Democratic Republic of Nepal to Myanmar, H.E. Mr. Neomal Perera, M.P., Deputy Minister of External Affairs of the Democratic Socialist Republic of Sri Lanka and H.E. Mr. Kasit Piromya, Minister of Foreign Affairs of the Kingdom of Thailand. The Meeting was chaired by the Minister for Foreign Affairs of the Union of Myanmar. |
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‘Look East’ Summit
Pursuing 2C’s – Commerce & Connectivity
"Regional Integration in South & South East Asia”
President
BIMSTEC Chamber of Commerce & Industry
Speech - Download
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On 6 June 1997, a sub-regional grouping was formed in Bangkok and given the name BIST-EC (Bangladesh, India, Sri Lanka, Thailand Economic Cooperation). Myanmar joined the organization as a full member at a Special Ministerial Meeting held in Bangkok on 22 December 1997, upon which the name of the grouping was changed to BIMST-EC.
BIMSTEC provides a unique link between South Asia and Southeast Asia bringing together 1.3 billion people - 21 percent of the world population, a combined GDP of US$750 billion, and a considerable amount of complementarities. A study shows the potential of US$ 43 to 59 billion trade creation under BIMSTEC FTA.
BIMSTEC covers 14 Priority Sectors lead by member countries in a voluntary manner; namely, Trade & Investment, Technology, Energy, Transport & Communication, Tourism, Fisheries, Agriculture, Cultural Co-operation, Environment and Disaster Management, Public Health, People-to-People Contact, Poverty Alleviation and Counter-Terrorism and Transnational Crimes. More...
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