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bimstec summit 2020 upsc

Once the agreement becomes operational after it is ratified, a lot of cargo movement between the member countries can be done through the cost-effective, environment-friendly and faster coastal shipping routes. The two-day Summit is being organised as a follow up of the announcement made by the Prime Minister at the fourth BIMSTEC Summit held in Kathmandu in August 2018 wherein India committed to host the BIMSTEC Startup Conclave. Despite economic challenges, all the countries in the region have been able to sustain average annual rates of economic growth between 3.4% and 7.5% from 2012 to 2016. The Summit marks the 5th anniversary of the Startup India initiative, launched by the Prime Minister on 16 January, 2016. Its major strength lies in that it includes two influential regional powers, India and Thailand. Innovative solutions like the construction of the Buddhist circuit by connecting the Buddhist nations especially Myanmar, Thailand, Bhutan Nepal and Sri Lanka will contribute to deepening the cultural ties among the BIMSTEC nations. Although it has existed since 1997, BIMSTEC had been largely ignored until a push in recent years. A big reason for the success of BIMSTEC countries is that member countries have generally cordial relationships. It also strongly condemn terrorism in all its forms and manifestations. The two-day Summit is being organised as a follow up of the announcement made by the Prime Minister at the fourth BIMSTEC Summit held in Kathmandu in August 2018. The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional multilateral organisation. India’s own intransigence on issues, deep suspicion that its neighbours were “ganging up” against it, and its tendency to be a bit of a bullying brother to them eroded South Asian countries’ confidence in India. BIMSTEC has been hailed as a platform for regional cooperation. India and other member states need to allocate more resources to its BIMSTEC budget and India should take an informal leadership role to provide BIMSTEC with momentum. PM of India has referred BIMSTEC as a natural platform for fulfilling our key foreign policy priorities of 'Neighborhood First' and 'Act East, as. BIMSTEC Stands for Bay of Bengal Initiative for Multi-Sectoral Technical and Economic cooperation. Unlike many other regional groupings, BIMSTEC is a sector-driven cooperative organization. But BIMSTEC has held only four summits in 20 years. This sub-regional organization came into being in 1997 through the. 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, housing 1.5 billion people and having a combined gross domestic product of $3.5 trillion (2018). 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, housing 1.5 billion people and having a combined gross domestic product of $3.5 trillion (2018). Since 2016 there has been no movement forward on resuming the SAARC summit. Sri Lanka, the current chair of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (), has proposed to host the fifth summit of the regional grouping in the first half of January 2021, subject to the improved Covid-19 situation.The proposal was made during the 21st Session of Senior Officials' Meeting (SOM) on Wednesday. He further said that BIMSTEC members have shared values, histories, way of life and destinies that are interlinked. For prelims and mains: BIMSTEC- members, objectives, significance and need for reforms. He also invited all BIMSTEC leaders, to attend the International Buddhist Conclave to be held in India in August 2020 as guests of honour. BIMSTEC has established a platform for inter-regional cooperation between SAARC and ASEAN members. From the strategic perspective, the Bay of Bengal, a funnel to the Malacca straits, has emerged as a key theatre for an increasingly assertive China in maintaining its access route to the Indian Ocean. BIMSTEC What to study? Members decided to draft a charter for BIMSTEC which has been functioned so far based on the Bangkok Declaration of 1997, outcomes of the last 3 summits and the Leaders’ Retreat in 2016. Almost 300 million people, or roughly one-quarter of India’s population, live in the four coastal states adjacent to the Bay of Bengal (Andhra Pradesh, Orissa, Tamil Nadu, and West Bengal). The 2nd BIMSTEC Disaster Management Exercise (BIMSTEC-DMEx) 2020 is a 3-day exercise that discussed standardization of protocol, formulation of policy and guidelines for protection of heritage sites during disasters and their conservation post-disaster. Leadership is rotated in alphabetical order of country names. This exercise will provide a platform for member states to evaluate existing capabilities, share best emergency response practices, improve existing emergency preparedness and strengthen regional response mechanism and also to conduct a risk assessment in the context of cultural heritage sites at the time of disaster. In order to harness the potential of BIMSTEC, steps for economic Interdependence like: Signing Free Trade Agreements in goods and services. Institutional Mechanisms- BIMSTEC Summit, Ministerial Meeting, Senior Officials Meeting, BIMSTEC Working Group, Business Forum & Economic Forum within BIMSTEC must be utilised as an active forum for bringing more cooperation and coordination among the BIMSTEC members. Constitute an addition to and not be a substitute for bilateral, regional or multilateral cooperation involving the Member States. In an effort to integrate the region, the grouping was formed in 1997, originally with Bangladesh, India, Sri Lanka and Thailand, and later included Myanmar, Nepal and Bhutan. Prelims Exclusive Program (PEP)-2020 Based on Mentorship! The declaration is expected to enhance the effectiveness of BIMSTEC Secretariat by engaging it in various technical and economic activities in the region. However, there are shortcomings as well: BIMSTEC provides nations in the Bay of Bengal region an opportunity to work together to create a common space for peace and development. India's northeast will be playing a critical role in increasing connectivity with BIMSTEC member countries. The 18 point Kathmandu declaration is expected to enhance the effectiveness of the BIMSTEC Secretariat by engaging it in various technical and economic activities in the region. Provides help to increase the socio-economic growth of the member countries. Asian Development Bank (ADB) become a partner in 2005, to undertake the “BIMSTEC Transport Infrastructure and Logistic Study” (BTILS), which was completed in 2014. For India, it is a natural platform to fulfil our key foreign policy priorities of ‘Neighborhood First’ and ‘Act East’. One-fourth of the world’s traded goods cross the Bay every year. Given the fairly amicable relationship between member states of BIMSTEC, increasing its performance and its effectiveness is an achievable goal as long as the countries exhibit enough political will and mutual respect. On the 20th anniversary of BIMSTEC, in 2016, PM Modi said that BIMSTEC not only connects South and South East Asia, but also the ecologies of the great Himalayas, and the Bay of Bengal. 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That was an important signal to Pakistan, as well as to fellow SAARC members. Tags : Author ForumIAS Posted on October 27, 2020 January 7, 2021 Categories International Organisations Tags IR_3 Beijing has undertaken a massive drive to finance and develop infrastructure in South and Southeast Asia through the Belt and Road Initiative in almost all BIMSTEC countries, except Bhutan and India, and India hopes to counter it with regional integration with neighbouring countries. BIMSTEC’s primary objective is to facilitate technological and economic cooperation among its members. Monday, February 10, 2020. It seems that India has used BIMSTEC only when it fails to work through SAARC in the regional setting and other major members like Thailand and Myanmar are focused more towards ASEAN than BIMSTEC. This Field Training Exercise of 2nd BIMSTEC Disaster Management Exercise on flood rescue was conducted at the Ramachandi Beach, Puri (Odisha). Road and rail Look-East connectivity projects. Posts about BIMSTEC written by Team SSARP. It includes all the major countries of South Asia, except Maldives, Afghanistan and Pakistan. Members decided to draft a charter for BIMSTEC which has been functioned so far based on the Bangkok Declaration of 1997, outcomes of the last 3 summits and the Leaders’ Retreat in 2016. India cannot blame Pakistan alone for SAARC’s underperformance, hence strong political commitments from its informal leader are desirable. Alongside the BRICS summit in Goa, PM hosted an outreach summit with BIMSTEC leaders. The Summit marks the 5th anniversary of the Startup India initiative, launched by the Prime Minister on 16 January, 2016. In an effort to integrate the region, the grouping was formed in 1997, originally with Bangladesh, India, Sri Lanka and Thailand, and later included Myanmar, Nepal and Bhutan. The Fourth BIMSTEC Summit concluded with an 18-point Kathmandu Declaration. Context: The 2nd Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Disaster Management Exercise was recently conducted in Bhubaneswar, Odisha. Context 4th BIMSTEC Summit was held on 30and 31 August in Kathmandu, Nepal. BIMSTEC had emerged as an alternative regional platform where five SAARC (Bangladesh, Bhutan, India, Nepal and Sri Lanka) countries could gather and discuss sub-regional cooperation. How is BIMSTEC relevant as an alternative regional engagement platform? It also states that there can be no justification whatsoever for any act of terrorism. Encouraging the spirit of equality and partnership. With differences coming in the way between India and Pakistan in the SAARC, groupings like BIMSTEC can take forward the concept of regional cooperation in a different manner. Delegates & rescue teams of five member nations namely- India, Bangladesh, Nepal, Sri … As China mounts assertive activities in the Bay of Bengal region, with increased submarine movement and ship visits in the Indian Ocean, it is in India’s interest to consolidate its internal engagement among the BIMSTEC countries. India’s Multilateral regional engagement with BIMSTEC members will not only suffice India’s effort of, It will also provide a comprehensive solution for its maritime security, as diplomatic engagement with littoral nations will help nations in curbing the problems of, BIMSTEC engagement is completely in consonance with the. It also aims at constituting an addition to and not being a substitute for bilateral, regional, or multilateral cooperation involving member states. 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, housing 1.5 billion people and having a combined gross domestic product of $3.5 trillion (2018). Bangladesh, Bhutan, India, Nepal, Sri Lanka, it connects not only South and Southeast Asia but also the ecologies of the Great Himalayas and the Bay of Bengal, will help in countering China’s Belt and Road initiative, Monthly Case Studies Compilation: February 2021, Monthly Current Affairs for Prelims: February 2021, Govt policies & interventions for development in various sectors, and issues arising out of their design and implementation, Issues related to the management of Social Sector, Services relating to health, education, human resources. The 3rd Summit was held on the 4th of March, 2014 at Nay PyiDaw in Myanmar. The BIMSTEC region is home to around 1.5 Billion people. The G7 Summit 2020 was scheduled to take place in the US from 10th to 12th June 2020, however, due to the outbreak of … 5th Bimstec summit, preceded by the 17th Bimstec ministerial meeting, is proposed to be held in Colombo, Sri Lanka in the first half of January 2021. It also resolves to achieve an enhanced level of economic and social development in the region. BIMSTEC Permanent Secretariat is at Dhaka was opened in 2014 and India provides 32% (65% of region’s population) of its expenditure. Creating an enabling environment for the rapid economic development of the sub-region. Effect of policies and politics of developed and developing countries on India’s interests. Today, Insights is synonymous with UPSC civil services exam preparation. These National & International Summits & Conferences, Venues are also part of GK and Current Affairs.So follow these newly Complete List of National & International Summits & Conferences, Venues and get good marks in the General Awareness section in the upcoming exams. Even after 2 decades, BIMSTEC’s integration within the region remained limited. Over one-fifth (22%) of the world’s population live in the seven countries around it, and they have a combined GDP close to $2.7 trillion. The grouping was formed in 1997, but its record in terms of tangible achievements is not so impressive. Bimstec And Saarc UPSC: All You Need To Know About Bimstec Countries 4th Summit 2018 March 21, 2020 Leave a reply The 4th Bimstec Summit was held in Nepal at Kathmandu on the 30th to 31st of August 2018. at the conclusion of 2 days summit on Friday, Bimstec member Nations unanimously adopted the Kathmandu decoration 18 points. Respect for the principle of Sovereign equality, Territorial Integrity, Political Independence, Non-Interference in internal affairs, Peaceful Co-existence and Mutual Benefit. BIMSTEC Disaster Management Exercise (BIMSTEC-DMEx) 2020. India would have to counter the impression that BIMSTEC is an India dominated bloc, in that context India can follow the Gujral doctrine that intends to chalk out the effect transactional motive in bilateral relations. Topic covered: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. G7 Summit 2020. It is an international organization of seven nations of south Asia and south East Asia lying in the littorals and adjacent areas of Bay of Bengal. It connects the littoral countries of the Bay of Bengal and the Himalayan ecologies. First Summit: The First Summit Meeting of the Heads of the BIMSTEC Countries was held in Bangkok, Thailand in 2004. Countdown for New UPSC IAS Preliminary Exam Date BIMSTEC DISASTER MANAGEMENT EXERCISE 2020 Context: Field Training Exercise of 2nd BIMSTEC Disaster Management Exercise on flood rescue was inaugurated by Minister of State for Home Affairs, Shri Nityanand Rai at the Ramachandi Beach, Puri (Odisha). The 2nd BIMSTEC Disaster Management Exercise (BIMSTEC-DMEx) 2020 is a 3-day exercise that discussed standardization of protocol, formulation of policy and guidelines for protection of heritage sites during disasters and their conservation post-disaster. BIMSTEC has been a platform for India when SAARC has failed.

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