Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)

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Contact Details

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History

6 June 1997, Bangkok (Thailand), with adoption of Bangkok Declaration, as Bangladesh, India, Sri Lanka, Thailand Economic Cooperation (BIST-EC). Following inclusion of Myanmar, 22 Dec 1997, during special Ministerial Meeting, Bangkok, changed name to Bangladesh, India, Myanmar, Sri Lanka, Thailand Economic Cooperation (BIMST-EC). At 6th Ministerial Meeting, Feb 2004, Phuket (Thailand), Bhutan and Nepal became members, and present name was adopted. Framework Agreement on BIMSTEC Free Trade Area was signed 8 Feb 2004, Phuket. Permanent Secretariat established in Dhaka (Bangladesh) at 13th Ministerial Meeting, 22 Jan 2011, Nay Pyi Taw (Myanmar).

Aims

Create an enabling environment for rapid economic development; accelerate social progress in the sub-region; promote active collaboration and mutual assistance on matters of common interest; provide assistance to each other in the form of training and research facilities; cooperate more effectively in joint efforts that are supportive of, and complementary to, national development plans of member states; promote socio-economic development; create an enabling environment for cooperation in various fields between member countries in order to enhance the livelihoods of the peoples of the region.

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Activities

Encourages active collaboration and mutual assistance on matters of common interest that are supportive of, and complementary to, national development plans of member states, including: training; research facilities; joint efforts. Maintains close and beneficial cooperation with existing international and regional organizations; cooperates in projects that can be dealt with most productively on a sub-regional basis and which make best use of available synergies. Lead Countries of the 14 priority sectors of cooperation host Expert Group Meetings of their responsible sectors regularly, and report the result to the BIMSTEC Working Group. Outcome is then reported to the SOM, Economic Forum and Business Forum Meetings. Areas of cooperation in 14 Priority Sectors: Trade and Investment; Transport and Communication; Energy; Tourism; Technology; Fisheries; Agriculture; Public Health; Poverty Alleviation; Counter-Terrorism and Transnational Crime; Environment and Natural Disaster Management; Culture; People to People Contact; Climate Change.

Structure

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Financing

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Relations with Inter-Governmental Organizations

Relations with 3 inter-governmental organizations.
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Publications

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Members

Members in 7 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Geology
    • Land and Coastal Forms
  • Economics
    • Economic
  • Technology
    • Technical
  • Development
    • Development
  • Solidarity
    • Cooperation

UN Sustainable Development Goals **

GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal

UIA Org ID

M0273

Last News Received

9. Jan 2012
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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