Category : InternationalPublished on: July 22 2023
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The BIMSTEC Foreign Ministers’ Retreat began in Thailand’s capital city on 17 July 2023.
BIMSTEC is an economic and technical initiative which brings together the countries of the Bay of Bengal for multifaceted cooperation.
The retreat would discuss ways to further deepen the BIMSTEC agenda and strengthen the organization.
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional multilateral organization.
Its members lie in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity.
BIMSTEC not only connects South and Southeast Asia but also the ecologies of the Great Himalayas and the Bay of Bengal.
It mainly aims to create an enabling environment for rapid economic development; accelerate social progress; and promote collaboration on matters of common interest in the region.
BIMSTEC is a regional organization of seven member countries, which includes five countries of South Asia - Bangladesh, Bhutan, India, Nepal, Sri Lanka and two countries of South-East Asia - Myanmar and Thailand.