UPSC Notes-BIMSTEC

BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation): Comprehensive Notes for UPSC Preparation

Introduction

  1. Establishment:
    • BIMSTEC was established on June 6, 1997, through the Bangkok Declaration.
    • It is a regional organization comprising seven member countries: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.
  2. Objective:
    • To promote technical and economic cooperation among countries lying in the littoral and adjacent areas of the Bay of Bengal.
    • Focus on sectors like trade, technology, energy, transport, tourism, fisheries, agriculture, public health, poverty alleviation, counter-terrorism, environment, culture, and climate change.

Member Countries

  • South Asia:
    • Bangladesh
    • Bhutan
    • India
    • Nepal
    • Sri Lanka
  • Southeast Asia:
    • Myanmar
    • Thailand

Key Objectives and Principles

  1. Economic Growth:
    • Accelerate economic growth and social progress in the region through joint endeavors in a spirit of equality and partnership.
  2. Cooperation:
    • Promote active collaboration and mutual assistance in areas of common interest.
  3. Development:
    • Provide assistance to each other in the form of training and research facilities in educational, professional, and technical fields.
  4. Peace and Stability:
    • Maintain close and beneficial cooperation with existing international and regional organizations with similar aims and purposes.

Areas of Cooperation

  1. Trade and Investment:
    • Facilitate free trade among member countries to enhance economic integration.
    • Promote investment and industrial development.
  2. Transport and Communication:
    • Improve connectivity through better transport and communication networks.
    • Enhance regional connectivity for seamless movement of goods and people.
  3. Energy:
    • Promote cooperation in the energy sector, including renewable energy.
    • Ensure energy security through collaborative projects.
  4. Tourism:
    • Develop tourism infrastructure and promote the region as a single tourist destination.
    • Facilitate sustainable tourism practices.
  5. Fisheries:
    • Promote sustainable management of marine resources.
    • Enhance cooperation in the fisheries sector to improve livelihoods.
  6. Agriculture:
    • Develop agriculture through the exchange of knowledge and best practices.
    • Address food security issues collectively.
  7. Public Health:
    • Collaborate on public health issues and improve healthcare infrastructure.
    • Address pandemics and other health crises together.
  8. Environment and Disaster Management:
    • Cooperate on environmental protection and climate change mitigation.
    • Enhance disaster preparedness and management.

Institutional Structure

  1. Summit Meeting:
    • The highest policymaking body, consisting of heads of state/government of member countries.
    • Meets every two years to provide direction and review progress.
  2. Ministerial Meeting:
    • Comprises foreign ministers of member countries.
    • Provides strategic guidance and oversees the implementation of decisions.
  3. Senior Officials’ Meeting:
    • Includes senior officials from member countries.
    • Prepares the agenda for ministerial meetings and follows up on decisions.
  4. Permanent Secretariat:
    • Established in Dhaka, Bangladesh, in 2014.
    • Facilitates the implementation of BIMSTEC activities and projects.

Achievements and Initiatives

  1. BIMSTEC Free Trade Area Framework Agreement:
    • Signed in 2004 to enhance intra-regional trade and investment.
  2. BIMSTEC Transport Connectivity Master Plan:
    • A comprehensive plan to improve transport infrastructure and connectivity in the region.
  3. Energy Cooperation:
    • Initiatives like the BIMSTEC Energy Centre in India to promote collaboration in the energy sector.
  4. Counter-Terrorism and Transnational Crime:
    • Cooperation on security issues, including counter-terrorism, drug trafficking, and transnational crimes.

Challenges

  1. Political and Economic Differences:
    • Diverse political systems and economic conditions of member countries pose challenges to cooperation and integration.
  2. Connectivity Issues:
    • Inadequate infrastructure and connectivity hinder the seamless movement of goods and people.
  3. Resource Constraints:
    • Limited financial and technical resources affect the implementation of projects and initiatives.
  4. Overlapping Memberships:
    • Member countries’ involvement in other regional organizations like SAARC and ASEAN can lead to divided attention and resources.

India’s Role and Perspective

  1. Strategic Importance:
    • BIMSTEC is crucial for India’s “Act East Policy” and its strategic interests in the Bay of Bengal region.
    • Enhances India’s connectivity with Southeast Asia and promotes regional integration.
  2. Economic Cooperation:
    • India actively participates in BIMSTEC’s initiatives to enhance trade, investment, and economic cooperation.
    • Promotes regional connectivity projects like the Kaladan Multimodal Transit Transport Project and the Trilateral Highway.
  3. Security Cooperation:
    • Collaborates with member countries on security issues, including counter-terrorism, maritime security, and disaster management.
  4. Capacity Building:
    • Provides technical and financial assistance to member countries for capacity building and development projects.

Recent Developments

  1. 4th BIMSTEC Summit:
    • Held in Kathmandu, Nepal, in 2018, focusing on connectivity, trade, and security cooperation.
  2. 5th BIMSTEC Summit:
    • Scheduled to be held in Colombo, Sri Lanka, with a focus on strengthening cooperation and finalizing key agreements.
  3. BIMSTEC Charter:
    • Adoption of the BIMSTEC Charter to formalize the institutional framework and provide a legal identity to the organization.
  4. BIMSTEC Coastal Shipping Agreement:
    • Proposed agreement to enhance maritime connectivity and trade among member countries.
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