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Outcomes of 4th BIMSTEC Summit

The 4th BIMSTEC summit successfully concluded today with Nepal Prime Minister K P Sharma Oli handing over the chairmanship

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Outcomes of 4th BIMSTEC Summit

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  1. Outcomes of 4th BIMSTEC Summit

  2. BIMSTEC Development Fund: BIMSTEC Member states committed to Direct the relevant Ministries/national agencies of their respective governments to explore the possibility of establishing a BIMSTEC Development Fund (BDF), at an appropriate time,

  3. Eradication of Poverty: The member states Reiterate their commitment to the eradication poverty in the Bay of Bengal Region by 2030 in line with the 2030 Agenda for Sustainable Development

  4. Transport and Communication: All member nations committed to establish seamless multi-modal transportation linkages and smooth, synchronized and simplified transit facilities through the development, expansion and modernization of highways,

  5. BIMSTEC Grid Interconnection: The member states also agreed to provide uninterrupted and affordable power supply for the economic development of the region, through energy trade.

  6. Development of MSMEs : The members Agrees to enhance cooperation for development, access and sharing of affordable technologies – including for Micro, Small and Medium Enterprises for promoting sustainable development

  7. Contact Info Mailing Address SCO 172 Top Floor Sec 38 C Adjoining Corporation Bank Email Address info@o2iasacademy.in Phone Number 91-9872124143

  8. Thanks You!

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