• Thursday, October 02, 2014

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Bimstec

Editorial

BIMSTEC HQ in Dhaka

A decade after its formation, BIMSTEC, which stands for 'The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation' and encompasses five nations from South and South East Asia, a permanent secretariat has been set up in Dhaka. Experts are lauding it as a major step in realising the vision of “shared development” across 14 sectors spanning from trade and investment, communication, energy, poverty alleviation and counter terrorism. What is of import is to take forward the initiative...

PM inaugurates Bimstec secretariat

PM inaugurates Bimstec secretariat

Prime Minister Sheikh Hasina today inaugurated the permanent secretariat of Bimstec at Gulshan in Dhaka today. At the Inaugural Ceremony of the BIMSTEC Secretariat pic.twitter.com/3yGAOcl07g — Hüseyin Müftüoğlu (@hmuftuoglu) September 13, 2014 Terming the inauguration day as “historic” for Bangladesh and Bimstec, she said the secretariat marks beginning of a new journey towards a greater and...

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REMOVE THE MISGIVINGS FIRST

Bangladesh-Myanmar FS level meeting

ONE of the mechanisms of injecting momentum and dynamism into relations between the two neighbours has been the holding of meetings at the level of foreign secretary. The scheduled 8th such meeting in Dhaka on 31st August, between Bangladesh and Myanmar, is to be most welcomed. The main purpose of the meeting, I would argue, is to remove whatever misgivings Myanmar has about Bangladesh and adopt confidence building measures with Myanmar to put bilateral relations on a positive track. Cooperation...

PLEASURE IS ALL MINE

Economic Nirvana

Economic <i>Nirvana</i>

WHEN the Board of Investment (BoI) invited me to a dialogue on the State of the Economy, it used a trump card of a huge sell-point we have acquired by virtue of a sizeable success through the recent maritime boundary delimitation along the Bay. It was an irresistible invitation for many in spite...

BIMSTEC

Dhaka secretariat can play a vital role

THE first BIMSTEC Secretary General, Ambassador Sumit Nakandala, a seasoned Foreign Office diplomat from Sri Lanka, assumed office in the new BIMSTEC Secretariat in  Dhaka on 10th  August 2014.  The decision to locate the BIMSTEC Secretariat in Dhaka was finally taken at the 3rd BIMSTEC Summit in Nay Pyi Taw, Myanmar in March 2014.  Bangladesh supremely qualifies to host the Secretariat as it centres the BIMSTEC regional grouping with India virtually bordering it,  Sri Lanka and Nepal to the...

For a successful Bimstec

WITH the ending of the third Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) Summit at Myanmar's capital Naypyidaw, one observation is starkly noticeable, that the special interest of regional diplomacy is attracting more countries by the day. But turning Bimstec into an effective regional cooperation has a precondition, and that is the strength of bilateral relations in particular. It is smooth, undisputed and friendly relation between member countries. It is better displayed through taking actions on...

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Bimstec Summit: Ushering in economic integration between two regions

PRIME Minister Sheikh Hasina returned last night from Myanmar after attending the 3rd Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, which took place on March 3-4 in the capital Nay Pyi Daw. Bimstec is an economic partnership involving seven countries in South Asia and South East Asia -- Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. So Bimstec is a bridge between Asean and Saarc. The idea of Bimstec was conceived by Thailand during...

Editorial

BIMSTEC summitry welcome

OUR PM has arrived in Myanmar along with a large delegation to attend the third BIMSTEC summit (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation). This envisages a wider umbrella to facilitate greater cooperation in various fields among the member countries on the basis of complementarities. The 7-nation group has identified 14 areas of cooperation, each to be led by a member country. The areas are Trade - Investment and Climate - Bangladesh; Transport , Tourism , Counter-Terrorism...

Bimstec chief for rapid economic dev of the region

Bimstec chief for rapid economic dev of the region

President of Myanmar and Chairman of 3rd Bimstec Summit, U Thein Sein, stressed the need for collective efforts to achieve the aims and purposes of the forum to create an enabling environment for rapid economic development of the South and Southeast Asian region. "In this age of globalisation, regional and sub-regional groupings of nations...

Hasina for building a secure, stable region

Hasina for building a secure, stable region

Prime Minister Sheikh Hasina today urged the Bimstec members to fulfill their pledge to build this region as a secure, stable and prosperous one for ensuring dignity and peace for all of its peoples. "I call upon the fraternal members of the Bimstec to extend all cooperation in fulfilling our pledge to becoming a...

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