Prime Minister Shri Narendra Modi today participated in the 6th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit hosted by Thailand, the current chair. The theme of the Summit was - "BIMSTEC: Prosperous, Resilient and Open”.
It reflected the priorities of the leaders and the aspirations of the peoples of the BIMSTEC region, as well as the efforts of BIMSTEC in ensuring shared growth in times of global uncertainties. Prime Minister began his address by offering condolences on the loss of lives in the devastating earthquake in Myanmar and Thailand.
He thanked Prime Minister Shinawatra for successfully steering the Group. Highlighting BIMSTEC as a vital bridge between South Asia and South-East Asia, Prime Minister underlined that the Group had become an impactful platform for regional cooperation, coordination and progress.
In this regard, he called for further strengthening the agenda and capacity of BIMSTEC. Prime Minister announced several India-led initiatives towards institution and capacity building in BIMSTEC. These include setting up of BIMSTEC Centres of Excellence in India on Disaster Management, Sustainable Maritime Transport, Traditional Medicine, and Research and Training in Agriculture.
He also announced a new programme for skilling the youth – BODHI [BIMSTEC for Organized Development of Human Resource Infrastructure] under which training and scholarships would be provided to professionals, students, researchers, diplomats and others.
He also offered a pilot study by India to assess regional needs in Digital Public Infrastructure and a capacity building programme for cancer care in the region. Calling for greater regional economic integration, Prime Minister offered to establish BIMSTEC Chamber of Commerce and to organize BIMSTEC Business Summit every year in India.
Emphasizing on the need to build upon the historic and cultural ties that bring the region together, Prime Minister announced several initiatives to further strengthen people-to-people linkages. India would be hosting a BIMSTEC Athletics Meet this year and the first BIMSTEC Games in 2027 when the group celebrates its 30th anniversary.
It would also host a BIMSTEC Traditional Music Festival. To bring the youths of the region closer, Prime Minister announced a Young Leaders’ Summit, a Hackathon and a Young Professional Visitors programme. The full list of initiatives announced by the Prime Minister may be seen here.
The Summit adopted the following:
i. Summit Declaration
ii. BIMSTEC Bangkok Vision 2030 document, which lays out the road map for the collective prosperity of the region.
iii. Signing of the BIMSTEC Maritime Transport Agreement, which provides for – National Treatment and assistance to vessels, crew and cargo; mutual recognition of certificates/ documents; Joint Shipping Coordination Committee; and dispute settlement mechanism.
ⅳ. Report of the BIMSTEC Eminent Persons Group constituted to make recommendations for future direction for the BIMSTEC.