the Summit; the Working Group on Rules of Origin Ministerial Meeting; the Senior Officials’ (ROO) to build on the progress made Meeting; and the BIMSTEC Permanent during its 21stMeeting to finalise the Working Committee); BIMSTEC Sectoral Rules for Determination of Origin of Mechanisms; and BIMSTEC’s External Goods and Operational Certification Relations. [...] BIMSTEC leaders directions of BIMSTEC; the Agreement have asked to initiate the process of drafting on Maritime Transport Cooperation, the Standard Operating Procedure (SOP) which is expected to be signed during according to the Agreement on Maritime the sixth Summit; and the BIMSTEC Transport Cooperation for discussion in Bangkok Vision 2030 aimed at achieving a the Joint Shipping Committee. [...] They have ‘Prosperous, Resilient and Open BIMSTEC also urged the BTCWG to finalise the by 2030’, which is to be launched during Concept Note of the BIMSTEC Framework the sixth BIMSTEC Summit. [...] As of now, India Trade has already provided the Draft Text of the Standard Operating Procedure (SOP) of 2023 2019 the Agreement, which has been circulated (US$ billion) among BIMSTEC member states for their Bangladesh 1.76 1.12 consideration, and when the Agreement is to be signed by the member states at the Bhutan 0.67 0.51 sixth Summit in Thailand, then the Draft India 28.82 25.45 SOP has to be. [...] organisations, namely, the UNESCAP, the BIMSTEC signed the Host Country UNOPS, the World Bank, the UNODC, Agreement between India and the the IFPRI, and the IORA for submission BIMSTEC Secretariat in August 2023 to the BIMSTEC Senior Officials’ Meeting for establishing the BIMSTEC Centre for for consideration.
- Pages
- 6
- Published in
- India
Table of Contents
- Introduction 1
- Advantage BIMSTEC 1
- Recent Developments 2
- Figure 1 Trends in Intra-BIMSTEC Trade 2
- Table 1 Country-wise Trends in Intra-regional Trade 3
- 2023 2019 3
- US billion 3
- Bangladesh 1.76 1.12 3
- Bhutan 0.67 0.51 3
- India 28.82 25.45 3
- Myanmar 4.49 4.00 3
- Nepal 0.85 0.67 3
- Sri Lanka 1.09 1.03 3
- Thailand 15.80 13.14 3
- Total 53.49 45.92 3
- Way Forward 4
- Table 2 Negotiated Instruments 4
- Sr. No Particulars 4
- 1 BIMSTEC Agreement on Maritime Transport Cooperation 4
- 2 BIMSTEC Guidelines for Maritime Component of Humanitarian Assistance and Disaster Relief 4
- 3 Memoranda of Understanding between BIMSTEC and several international organisations 4
- 4 Rules of Procedure for Core BIMSTEC Mechanisms 4
- 5 BIMSTEC Bangkok Vision 2030 4
