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A Monthly Newsletter from BIMSTEC Center
 
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The 2nd BIMSTEC Summit
13 November 2008, New Delhi, India |
| The 2nd BIMSTEC Summit was held on 13 November 2008, preceded by the 11th Ministerial Meting and the 13th Senior Official’s Meeting on 11-12 November 2008 in New Delhi, India. The Summit has taken place four years after the 1st BIMSTEC Summit in Thailand. The 2nd BIMSTEC Summit has given a strong political impetus to the strengthening of BIMSTEC cooperation in the identified 13 priority sectors. |
The Summit was attended by the Chief Adviser of the People's Republic of Bangladesh, H.E. Fakhruddin Ahmed, the Prime Minister of the Kingdom of Bhutan, H.E. Jigmi Y Thinley, the Prime Minister of the Republic of India, H.E. Dr. Manmohan Singh, the Prime Minister of the Union of Myanmar, H.E. Thein Sein, the Prime Minister of the Republic of Nepal, H.E. Pushpa Kamal Dahal 'Prachanda', the President of the Democratic Socialist Republic of Sri Lanka, H.E. Mahinda Rajapaksa and the Prime Minister of the Kingdom of Thailand, H.E. Somchai Wongsawat.
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The Foreign Minister of BIMSTEC Member States met in New Delhi on 12 November 2008 to finalise preparations for the 2nd BIMSTEC Summit held in New Delhi on 13 November 2008.
The Ministers recalled with satisfaction their useful meeting in New Delhi on 29 August 2008,
at which time also they had taken stock of the preparations for the Summit. More... |
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The 2nd BIMSTEC Summit Declaration ( Download) |
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The Report of the 11th BIMSTEC Ministerial Meeting ( 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 13 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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