NewsThe Chairmanship of the 5th Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) handed over to President Maithripala Sirisena. Accordingly, the 5th Summit of the BIMSTEC will be held in Sri Lanka. BIMSTEC is a regional organization comprising seven Member States lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity. It constitutes seven Member States: five deriving from South Asia -Bangladesh, Bhutan, India, Nepal, Sri Lanka, and two from Southeast Asia -Myanmar and Thailand. Foreign Ministers of the BIMSTEC member states signed the MoU on the establishment of BIMSTEC Grid Interconnection.

Source: Sunday Times August 31, 2018 10:18 UTC