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Third BIMSTEC Summit Declaration

Third Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) summit held on 4th march 2014 in Nay Pyi Taw , Myanmaar. The first two summit held in Bangkok(2004) and New Delhi (2008).

The Prime Minister of the People’s Republic of Bangladesh, the Prime Minister of the Kingdom of Bhutan, the Prime Minister of the Republic of India, the President of the Republic of the Union of Myanmar, the Prime Minister of Nepal, the President of the Democratic Socialist Republic of Sri Lanka and the Special Envoy of the Prime Minister of the Kingdom of Thailand participated in the Third BIMSTEC Summit Meeting.

The salient features of the summit are as follows :
  1. Member countries Resolved to commit increased efforts in accomplishing the founding aims and purposes of BIMSTEC.
  2. It has been decided to move forward towards finalization of the draft Agreement on Trade in Goods with agreed General Rules of Origin and Product Specific Rules, and also to signing of the Agreement on Dispute Settlement Procedures, and the Agreement on Cooperation and Mutual Assistance in Customs Matters under the Framework Agreement on the BIMSTEC Free Trade Area.
  3. Member countries Directed the BIMSTEC Trade Negotiating Committee (TNC) to expedite its work for the conclusion of the Agreement on Trade in Goods by the end of 2014, and to continue its efforts for early finalization of the Agreement on Services and Investments.
  4. Members Agreed to enhance cooperation in expanding skill and technology base of Member States through collaborations and partnerships targeted towards micro, small and medium scale enterprises and decide to accelerate efforts for the early finalization of the Memorandum of Association on the Establishment of BIMSTEC Technology Transfer Facility. 
  5. Member countries Underlined the need for enhancing regional cooperation in the energy sector, welcome the holding of the Third BIMSTEC Energy Ministerial Meeting in Nepal in 2014 and also the Fourth BIMSTEC Energy Ministerial Meeting in Bhutan in 2015, and recognize the role of the BIMSTEC Energy Centre in Bengaluru, India in this context.
  6. Member countries Expressed satisfaction at the continuing work on developing physical connectivity in BIMSTEC region and the progress made in updating the BTILS supported by the Asian Development Bank for enhancement of intraregional connectivity, transport infrastructure and logistics, and welcome efforts to identify concrete projects for implementation.
  7. Member countries Expressd satisfaction at the progress made in implementing tourism cooperation programmes and in following up the Plan of Action on Tourism; and encourage the Member States realize the enormous tourism potential of the region by enhancing cooperation in this field, particularly through facilitating engagements among the private sector in the Member States.
  8. Member countries Resolved to continue cooperation in the area of fisheries, including inland fisheries, and conservation and management and sustainable use of marine resources in the Bay of Bengal region.
  9. Member countries Reiterated their commitment to continue and enhance cooperation in the field of agriculture, including crops, livestock and horticulture; and decide to intensify cooperative efforts by materializing short and long term joint research programmes towards increased productivity and yields of agricultural produce in the region. 
  10. Member countries Resolved to enhance cooperation in environmental protection and sustainable development and promote capacity building in the area of disaster management.
  11. Member countries Recognized that deepening of cultural cooperation among the Member States can also contribute towards the promotion of socio-economic development of the region driven by cultural industries.
  12. Member countries Agreed to enhance cooperation in the health sector, including on traditional medicine, and to intensify our efforts to promote activities of the BIMSTEC Network of National Centres of Coordination in traditional medicine.
  13. Reiterated their commitment to expand efforts to further promote people-to-people exchanges and linkages, at various levels among the BIMSTEC Member States, including facilitating travels through the BIMSTEC Business Visa Scheme and the BIMSTEC Visa Exemption Scheme.
  14. Member countries Welcome the setting up of the BIMSTEC Network of Policy Think Tanks and agree to cooperate and coordinate for organizing short-term activities such as workshops, seminars, and exchange programmes, including audio visual programmes, on building public awareness on BIMSTEC.
  15. Agreed to implement the BIMSTEC Poverty Plan of Action adopted at the second BIMSTEC Ministerial Meeting on Poverty Alleviation held in January 2012 in Nepal, and welcome the offer by Sri Lanka to host the Third Ministerial Meeting on Poverty Alleviation during the first half of 2014.
  16. Expressed satisfaction at the close cooperation between law enforcement agencies of Member States in combating terrorism and transnational crimes, call for expediting the ratification for entry into force of the BIMSTEC Convention on Cooperation in Combating International Terrorism, Transnational Organized Crime and Illicit Drug Trafficking and also for the early signing of the BIMSTEC Convention on Mutual Assistance in Criminal Matters.
  17. Agreed to explore collaborative initiatives amongst the Member States towards addressing the adverse impacts of climate change in the BIMSTEC region.
  18. Agreed to intensify efforts to deepen cooperation in all areas of activities within the framework of BIMSTEC, including strengthening institutional mechanisms.
Further BIMSTEC members Welcome the signing of the following BIMSTEC Instruments:
  • Memorandum of Association on the Establishment of the BIMSTEC Permanent Secretariat.
  • Memorandum of Understanding on the Establishment of the BIMSTEC Cultural Industries Commission (BCIC) and BIMSTEC Cultural Industries Observatory (BCIO).
  • Memorandum of Association Among BIMSTEC Member Countries Concerning Establishment of a BIMSTEC Centre for Weather and Climate.
Member countries Conveyed appreciation to the Government of the People’s Republic of Bangladesh for providing the premises for the BIMSTEC Secretariat in Dhaka and also express satisfaction at the progress made towards the operationalization of the Secretariat.

Mr. Sumith Nakandala of Sri Lanka appointed as the first Secretary General of BIMSTEC.

Nepal is declared as the new Chair of BIMSTEC taking over from myanmaar

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