Daily Current Affairs 2020 BIMSTEC charter to be ready for adoption at next biennial summit meeting: BIMSTEC Secy Gen | Daily Current Affairs 2020

BIMSTEC charter to be ready for adoption at next biennial summit meeting: BIMSTEC Secy Gen

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BIMSTEC charter will be ready for adoption at its next biennial summit meeting scheduled to be held in Colombo later this year.

This was informed by BIMSTEC Secretary General Mohammad Shahidu Islam during his meeting with Sri Lankan Prime Minister Mahinda Rajapaksa last evening. 

During the meeting, the two sides discussed possible dates for holding the 5th BIMSTEC Summit in Colombo.

The Secretary General said that he is grateful to Sri Lanka because it is under this period that BIMSTEC was able to finalize its charter. Sri Lanka is serving as chair of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) from 2018 to 2020. 

During the upcoming summit, an agreement on cooperation in addressing criminal matters and another on cooperation between diplomatic training institutions are expected to be signed. A third agreement would establish a BIMSTEC technology transfer facility in Colombo. Other sectors to enhance cooperation in the Bay of Bengal region were also discussed, including sharing of intelligence, inter-regional trade, combating drug trafficking and promoting tourism.

Colombo hosted a meeting of senior officials from member countries earlier this week where sectoral priorities and programs were finalized. 

Under the rationalizing of the sector, Sri Lanka will be the lead country for science, technology and innovation, India on security, Bangladesh will lead Trade and Investment, Bhutan on Environment and Climate Change, Myanmar on Agriculture and Food Security, Nepal on People-to-People Contact and Thailand on Connectivity.

BIMSTEC was established in 1997 and comprises of Bangladesh, India, Sri Lanka, Thailand, Myanmar, Nepal and Bhutan. The Secretariat is located in Dhaka, Bangladesh. The first Summit was held in 2004.

Source: News On Air

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