Fourth Summit of Heads of State/Government of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) will be held at Kathmandu in Nepal on August 30 and 31. Nepal’s Foreign Affairs Ministry said, all member states of BIMSTEC have confirmed their participation in the Summit.
Prime Minister Narendra Modi will participate in the summit. This was stated by India’s Ambassador to Nepal Manjeev Singh Puri in Kathmandu. During the two-day Summit, leaders of member states will review progressachieved so far in the areas of cooperation and provide guidance to the future work of the BIMSTEC. The President of Nepal Bidya Devi Bhandari will meet leaders of BIMSTEC member states and host a luncheon in their honour on August 30.
Prime Minister KP Sharma Oli will host a dinner and a cultural programme in the same evening. Next day the leaders will witness signing ceremony of the legal instrument of BIMSTEC and consider the draft Kathmandu Declaration of theSummit. Prior to the Summit, the Nineteenth Senior Officials’ Meeting (SOM) and the Sixteenth Ministerial Meeting of BIMSTEC will be held on August 28 and 29 in Kathmandu.
BIMSTEC is a regional economic bloc comprising seven member states lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity. The group was formed in 1997 and it brings together Bangladesh, Bhutan, India, Nepal, Sri Lanka Myanmar and Thailand. Nepal is the current chair of BIMSTEC.