Updated By: LatestGKGS Desk
4th BIMSTEC Summit Started in Kathmandu, Nepal on 30 August 2018 Theme Details
4th BIMSTEC Summit Started in Kathmandu, Nepal on 30 August 2018: Theme, Details, Highlights
The 4th BIMSTEC Summit started off in Kathmandu, Nepal. The two-day BIMSTEC Summit will be held from 30th August -31 August 2018 with the main focus on countering terrorism, enhancing regional connectivity and boosting trade.
The 4th BIMSTEC Summit Theme 2018: 'Towards a Peaceful, Prosperous and Sustainable Bay of Bengal Region'. The theme will help shape a collective response to the common aspirations and challenges by the member countries.
Prime Minister Narendra Modi reached also arrived in Nepal's Kathmandu to attend the 4th BIMSTEC Summit. He is on a two-day visit to Nepal. This is PM Modi’s fourth visit to Nepal during his current tenure with the most recent one in May 2018.
The 4th BIMSTEC Summit discussed as to how cooperation between the member states could be made more effective and business-like.
All members countries reviewed reports of various mechanisms related to customs cooperation, connectivity, technology, counter-terrorism and transnational crimes, agriculture, poverty alleviation and public health.
Several measures were deliberated in the meeting, including exploring the possibility of establishing BIMSTEC Development Fund, rationalisation of areas of cooperation, and identification of core prioritised areas.
The 4th BIMSTEC Summit was also proposed for a Memorandum of Understanding (MoU) for the establishment of the BIMSTEC Grid Interconnections to further cooperation in energy sector among the member states.
India on its part stressed on its sincere commitment to work with the BIMSTEC member states to make the region safer, stronger and prosperous.
