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21-Point Action Plan for BIMSTEC
May 1 , 2025
11 hrs 0 min
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- The Indian Prime Minister addressed at the 6th Bay of Bengal Initiative for Multi-Sectoral and Technical Cooperation (BIMSTEC) summit, hosted by Thailand.
- Theme of the event was 'BIMSTEC: Prosperous, Resilient and Open'.
- This event has adopted the Bangkok Vision 2030 and a Maritime Transportation Agreement to boost connectivity and engagement between member nations.
- Indian Prime Minister proposed a 21-point action plan at the BIMSTEC Summit.
- It focusing on the regional connectivity, economic cooperation, and technological integration.
- It includes linking India's UPI with the payment systems of BIMSTEC nations.
- The Setting up a BIMSTEC Chamber of Commerce is to strengthen engagement amongst the grouping's members.
- He also proposed the BIMSTEC for Organized Development of Human Resource Infrastructure initiative (BODHI).
- It aims to train 300 youths from BIMSTEC countries in India every year.
- He has offered to build nano-satellites for the BIMSTEC member nations and also explore the setting up of ground stations and promote the use of remote sensing data.
- He proposed the establishment of a Sustainable Maritime Transport Centre in India.
- He also announced the scholarships to BIMSTEC students at the Forest Research Institute of India and Nalanda University for a training program every year for young diplomats from BIMSTEC countries.
- Tata Memorial Centre will support training and capacity building in cancer care in BIMSTEC countries.
- To boost connectivity and culture, BIMSTEC Traditional Music Festival will be held in India this year, according to the plan.
- He also proposed faster work on electric grid interconnection.
- India will host a BIMSTEC Athletics Meet this year and proposed organizing the BIMSTEC Games in 2027 to commemorate the 30th anniversary of BIMSTEC.
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