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2nd BIMSTEC Agriculture Ministerial Meet

Focus: GS II- International Relations

Why in News?

India hosted the Second Agriculture Ministerial-level meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) under the chairmanship of the Union Minister for Agriculture and Farmers Welfare.

Highlights

  • The 2nd BIMSTEC Agriculture Ministerial Meeting adopted the Action Plan for Strengthening BIMSTEC Agricultural Cooperation (2023-2027).
  • An MoU between the BIMSTEC Secretariat and the International Food Policy Research Institute (IFPRI) has been signed and approval has been given to bring Fisheries and Livestock sub-sectors under the Agricultural Working Group.
  • BIMSTEC member countries appreciated India’s efforts to strengthen cooperation in agricultural res

About BIMSTEC

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of seven nations of South Asia and Southeast Asia:

  • Bangladesh
  • Bhutan
  • India
  • Nepal
  • Sri Lanka
  • Myanmar (South-east Asia)
  • Thailand (South-east Asia)
  • Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand are the member states dependent on the Bay of Bengal.
  • Fourteen priority sectors of cooperation have been identified and several BIMSTEC centres have been established to focus on those sectors.
  • The permanent secretariat of the BIMSTEC is in Dhaka, Bangladesh.

History of Formation

  • In 1997, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation).
  • Following the inclusion of Myanmar on 22 December 1997 during a special Ministerial Meeting in Bangkok, the Group was renamed ‘BIMST-EC’ (Bangladesh, India, Myanmar, Sri Lanka and Thailand Economic Cooperation).
  • In 2004, at the first Summit the grouping was renamed as BIMSTEC or the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation.
  • There are 14 main sectors of BIMSTEC along technological and economic cooperation among south Asian and southeast Asian countries along the coast of the Bay of Bengal.
    • Trade & Investment
    • Transport & Communication
    • Energy
    • Tourism
    • Technology
    • Fisheries
    • Agriculture
    • Public Health
    • Poverty Alleviation
    • Counter-Terrorism & Transnational Crime
    • Environment & Disaster Management
    • People-to-People Contact
    • Cultural Cooperation
    • Climate Change
  • The BIMSTEC uses the alphabetical order for the Chairmanship which has been taken in rotation commencing with Bangladesh (1997–1999).

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