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The seven-member Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) should find solutions to the regional challenges within itself, External Affairs Minister S. Jaishankar said on July 11 addressing the first BIMSTEC Foreign Ministers’ retreat held here.
What is BIMSTEC ?
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of seven South Asian and Southeast Asian nations, housing 1.73 billion people and having a combined gross domestic product of US$5.2 trillion (2023).[6][7] The BIMSTEC member states – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand[8] – are among the countries dependent on the Bay of Bengal.
Leadership is rotated in alphabetical order of country names. The permanent secretariat is in Dhaka, Bangladesh.
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The meeting assumes significance as it is being held in the backdrop of major developments in neighbouring Myanmar where the military junta has been receiving battlefield setbacks against dozens of Ethnic Armed Organisations (EAOs).
“Global and regional developments also make it imperative that we find more solutions among ourselves. There are longstanding goals such as capacity building and economic cooperation that have acquired a new urgency.
And not least, a grouping that is so complementary and so congenial in its membership should surely harbour higher aspirations,” said Mr. Jaishankar while addressing the participants.
This is the first time such an event was organised since the Charter of BIMSTEC came into effect on May 20, which marked a landmark development in the evolution of the organisation.
The developments in Myanmar pose a major issue before the BIMSTEC as instability there has put a question mark on a number of developmental and connectivity projects that were aimed at firming up ties among countries like Nepal, Bhutan, India, Bangladesh, Myanmar and Thailand.
A day before the beginning of the meeting in Delhi, the military junta in Naypyidaw lost control of Naungcho, a major town along a trade highway to China in the northern Shan State, to the Ta’ang National Liberation Army.
Following his meeting with Myanmar Deputy Prime Minister and Foreign Minister U Than Swe, Mr. Jaishankar said, “Our discussions focused on the connectivity projects, so crucial for the future of BIMSTEC. Also exchanged views on border stability and humanitarian assistance.”
The Ministry of External Affairs is yet to clarify if India will extend humanitarian assistance to the affected civilian population inside Myanmar. Till now, assistance has been limited to the displaced population and personnel of the Myanmar military who sought refuge in Mizoram.
Sources said Mr. Shrestha avoided the meeting as the government of Prime Minister Pushpa Kamal Dahal is facing a crucial vote of confidence on Friday. Nepal was represented by Sewa Lamsal, Foreign Secretary, and the Sri Lankan side was represented by Minister of State for Foreign Affairs Tharaka Balasuriya.