The 15th Ministerial Meeting of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) concluded at Kathmandu, Nepal. The members agreed to intensify their collaborative efforts to realize the aims and purposes of the group embodied therein and pledged to make BIMSTEC stronger, more effective and result oriented.
They agreed to emphasize the need for greater cooperation in trade and investment in order to deepen regional integration in the Bay of Bengal region.
Important Takeaways from Above News-
- Indian Side was lead by Smt Sushma Swaraj, Minister of External Affairs.
- Sher Bahadur Deuba is the PM of Nepal.
- Kathmandu is the Capital of Nepal.