PM leaves for Myanmar for BIMSTEC summit

Tags: News
Prime Minister Manmohan Singh left for Myanmar today to attend the BIMSTEC Summit, making a strong push for intensifying collective efforts to combat security challenges and enhancing connectivity and trade in the region.

"Security challenges both natural and man-made, require our collective vision and determination to be overcome," Singh said in a statement before his departure for the Myanmarese capital, Nay Pyi-Taw.

"In the security sphere, we have steadily put in place enabling legal instruments for regional approaches to international terrorism, transnational crime, drug trafficking and mutual legal assistance in criminal matters, the need for which is more salient in today's integrated world than ever before," he said.

Singh said the BIMSTEC lay at the crossroads between SAARC and ASEAN, drawing its energy from the natural convergence of the countries around the Bay of Bengal.

"Connectivity and sub-regional cooperation in trade and investment, energy, climate, tourism, agriculture and other areas provide the spark for the growth engine in our region," he said.

The Prime Minister stressed that peace, stability and development in BIMSTEC countries, with over 20 per cent of the world's population and over USD 2.5 trillion worth of GDP, was 'indispensable', for the forward march of Asia as a whole.

BIMSTEC has evolved and matured further as a group since the last summit in New Delhi in 2008, he said.

Singh stressed that India's bilateral relations with BIMSTEC countries are among its most important in the world.

On the sidelines of the two-day summit, he hopes to exchange notes with leaders from other Member states, whom he described as 'close and friendly neighbours of India'.

With the impending establishment of a Permanent Secretariat in Dhaka and appointment of a Secretary General, BIMSTEC is poised to play a more active role in regional integration and cooperation, he said.

Several BIMSTEC centres are being launched throughout the region, including three in India, to foster greater technical exchanges between member countries, he said.

EDITORIAL OF THE DAY

  • Realtors must lower the ratio of capital value to rental income to entice buyers

    Real estate prices are likely to witness a correction in the coming festival season, according to a report put out in this newspaper on Monday, with p

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

BK Chaturvedi

Undermining demographic dividend

Development and economic growth of nations is built upon the ...

Kuruvilla Pandikattu

Imperfection makes you more human

For all those who live in fear of making a ...

Shona Adhikari

Artistic focus on women's empowerment

The focus on the girl child remains an important one ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture