The BIMSTEC Day celebrated on June 6, 2021 | Daily Current Affairs 2021

The BIMSTEC Day celebrated on June 6, 2021

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BIMSTEC

The 24th BIMSTEC (the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) day was recently celebrated on June 6, 2021.

It was on this day that BIMSTEC was established in 1997.

Highlights:

  • Prime Minister Narendra Modi extended his warm greetings on the occasion of 24th BIMSTEC Day.
  • PM Modi acknowledged the progress made by the grouping on several fronts in recent years.
  • He stressed the need to continue to work together in the fight against the pandemic.
  • He also underlined the progress that has been made on several fronts including the finalization of the BIMSTEC Master Plan for Transport Connectivity and the text of the BIMSTEC Charter.

About BIMSTEC:

  • The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organization of seven nations of South Asia and Southeast Asia.
  • BIMSTEC was established to develop technological and economic cooperation in the Southeast Asian countries along the coast of the Bay of Bengal.
  • It also establishes relationship among SAARC and SEAN members.

History:

  • BIMSTEC was established as a grouping of four nations — India, Thailand, Bangladesh, and Sri Lanka — through the Bangkok Declaration on 6 June 1997.
  • It was expanded later to include three more countries — Myanmar, Nepal, and Bhutan.
  • On 31 July 2004, in the first Summit the grouping was renamed as BIMSTEC or the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation.

Aim:

  • BIMSTEC aims to harness shared and accelerated growth through mutual cooperation in different areas of common interests by mitigating the onslaught of globalization and by utilizing regional resources and geographical advantages.

Secretary General of the BIMSTEC:

  • The current Secretary General of the BIMSTEC is Ambassador Tenzin Lekphell from Bhutan.
  • The former Secretary General was Mr. Shahidul Islam from Bangladesh.
  • The First Secretary General was Mr. Sumith Nakandala from Sri Lanka.

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