The President of the Republic of the Union of Myanmar U Win Myint has said that since the Third BIMSTEC Summit held in Nay Pyi Taw, in 2014, BIMSTEC, made considerable progress especially for the establishment of BIMSTEC Permanent Secretariat in Dhaka.
The Myanmar President highlighted the importance of Agriculture sector which is the mainstay of the national economy for many BIMSTEC Member States.
He also informed the BIMSTEC gathering that Myanmar as a Lead country of Agriculture sector, will host First BIMSTEC Ministerial Meeting on Agriculture in Myanmar in 2019.
He also mentioned that MoU for the Establishment of the BIMSTEC Grid Interconnection which will be signed during this summit would serve a framework for trade in electricity across the region.
The Myanmar President also underscored the importance of the BIMSTEC National Security Chiefs Meeting which provides platform for strategic dialogue and practical cooperation in the BIMSTEC Counter Terrorism sector.
He also underlined the necessity of formulating the Rules of Procedure of the BIMSTEC institutional mechanisms, developing BIMSTEC Charter and rationalization of BIMSTEC existing cooperation areas.
Finally President expressed Myanmar’s strong commitments to strengthen BIMSTEC cooperation towards “Peaceful, Prosperous and Sustainable Bay of Bengal Region”.
Brief of the Statement made by H.
E U Win Myint, President of the Republic of the Union of Myanmar at 4th BIMSTEC Summit President on August 30, 2018 Kathmandu, Nepal. The President has already returned to Myanmar: Ed.