Commerce, investment top BIMSTEC summit agenda

RSTV Bureau

Leaders of the 8th BRICS  countries will hold a bilateral meeting with the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) countries on of Sunday afternoon.

Prime Minister Narendra Modi with BRICS leader Brazil President, Michel Temer, South Africa President, Jacob Zuma, Russian President Vladimir Putin and Chinese President Xi Jinping pose for a group photo at the BRICS informal dinner in Benaulim, Goa  Photo-PTI

Prime Minister Narendra Modi with BRICS leader Brazil President, Michel Temer, South Africa President, Jacob Zuma, Russian President Vladimir Putin and Chinese President Xi Jinping pose for a group photo at the BRICS informal dinner in Benaulim, Goa
Photo-PTI

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) groups seven nations of South and South-East Asia—Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.

Given that the recent South Asian Association for Regional Cooperation (SAARC) summit was cancelled, the outcome of India-BIMSTEC retreat becomes important.

Major issues like counter terrorism, people-to-people contact, tourism, climate change, poverty alleviation are expected be discussed at the BRICS-BIMSTEC outreach summit.

The BRICS-BIMSTEC outreach summit will be held at will be held at Hotel Leela, Cavelossim, 50 km from Panaji where a half-hour deliberation between BRICS leaders and BIMSTEC countries of which Bangladesh, India, Myanmar, Thailand, Bhutan, Nepal and Sri Lanka are a part of.

Sri Lankan President Maithripala Sirisena arrived in Goa on Saturday night ahead of the BRICS-Bimstec Outreach Summit to be held here.

“A friend comes to India…glad to have President Maithripala Sirisena visit India for the BRICS-BIMSTEC Outreach Summit,” said Prime Minister Narendra Modi tweeted soon after Sirisena landed at Dabolim Airport.

Prime Minister of Bhutan Tshering Tobgay and Prime Minister of Nepal, Pushpa Kamal Dahal arrived in the state on Saturday. Other BIMSTEC leaders are likely to arrive on Sunday.

The main objective of the BIMSTEC meet is technological and economic cooperation among South Asian and South East Asian countries lying in the littoral and adjacent areas of the Bay of Bengal.

Commerce, investment, technology, tourism, human resource development, agriculture, fisheries, transport and communication, textiles, leather, etc, are the other key sectors to be touched upon.