August 31, 2018: The fourth BIMSTEC summit concluded in Kathmandu with the leaders reaffirming their strong commitment to make BIMSTEC a dynamic, effective and result-oriented regional organization.
Reiterating strong commitment to combat terrorism the leaders called upon all countries to devise a comprehensive approach to prevent financing of terrorists and terrorist actions from territories under their control, blocking recruitment and cross-border movement of terrorists, countering radicalization, countering misuse of internet for purposes of terrorism and dismantling terrorist safe havens.
The leaders also committed themselves for promoting a peaceful, prosperous and sustainable Bay of Bengal Region through meaningful cooperation and deeper integration.
The leaders of all seven member states including Prime Minister Narendra Modi underscored the importance of robust institutional arrangements to effectively steer the process of regional cooperation under BIMSTEC.
The Prime Minister of Nepal K.P. Sharma Oli presented the draft Kathmandu declaration which was unanimously adopted by all member states.
The Kathmandu Declaration underlined the importance of multidimensional connectivity as a key enabler for economic integration and shared prosperity of the region. (AIR News)