4th BIMSTEC Summit Concludes | Kathmandu Declaration Adopted | Key Points

The 4th BIMSTEC Summit has been successfully concluded in Kathmandu, the capital of Nepal. The leaders of all seven member states including Prime Minister Narendra Modi underscored the importance of robust institutional arrangements to effectively steering the process of regional cooperation under BIMSTEC. The Prime Minister of Nepal K.P. Sharma Oli presented draft Kathmandu declaration which was unanimously adopted by the all member states.
Key points of the Kathmandu Declaration: 
1. The Kathmandu Declaration has underlined the importance of multidimensional connectivity as a key enabler to economic integration for the shared prosperity of the region. 
2. The declaration also highlighted the importance of trade and investment as one of the major contributing factors for fostering economic and social development in the region.
3. The BIMSTEC leaders strongly condemned terrorism in all its forms and manifestations and stressed that there can be no justification whatsoever for any act of terrorism. 
4. An MoU was also signed during concluding session of 4th BIMSTEC summit on the establishment of BIMSTEC Grid Interconnection to enhance energy cooperation among the member states. 
5. Sri Lanka has become the new chair of the BIMSTEC. The Nepalese Prime Minister K. P. Sharma Oli handed over the chairmanship of BIMSTEC to the President of Sri Lanka Maithripala Sirisena. 
Source- DD News 

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Login

OR

Forgot Password?

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Sign Up

OR
Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Forgot Password

Enter the email address associated with your account, and we'll email you an OTP to verify it's you.


Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to
/6


Did not recive OTP?

Resend in 60s

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Change Password



Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Almost there

Please enter your phone no. to proceed
+91

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to Edit Number


Did not recive OTP?

Resend 60

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?