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Background

UPDATE09 Sep 2013

Background

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, or BIMSTEC, consists of Bangladesh, Bhutan, Burma, India, Nepal, Sri Lanka and Thailand, and they all are also the APG members. 

The 7-member BIMSTEC has grown out of the establishment of the 4-member BIST-EC (Bangladesh, India, Sri Lanka, and Thailand - Economic Cooperation) nineteen years ago in June 1997 in Bangkok. BIMSTEC provides a unique link between South Asia and Southeast Asia bringing together 1.3 billion people - 21% of the world population, a combined GDP of over US$1 trillion.

 

BIMSTEC Cooperation area

The cooperation’s under BIMSTEC have expanded from original 6 to now 14 areas. BIMSTEC has fourteen priority sectors cover all areas of cooperation. They include the followings: Trade & Investment, Technology, Energy, Transport & Communication, Tourism, Fisheries, Agriculture, Cultural Cooperation, Environment and Disaster Management, Public Health, People-to-People Contract, Poverty Alleviation, Climate Changes and Counter-Terrorism and Transnational Crimes.

 

BIMSTEC SG-CFT

BIMSTEC Sub-group on Counter-Terrorism and Transnational Crimes (BIMSTEC SG-CFT) is a forum for member countries to share their experiences and knowledge on the specific theme, as each of the meetings has a separate theme. The 5th meeting of BIMSTEC SG-CFT in Bangladesh focused on “Terrorist Financing through Wire Transfer”, and the 6th meeting in India next year will focus on “Counterfeit Currency related to Terrorist Financing”. The topic has been selected by consulting various previous trends and typologies of Terrorist Financing (TF) related to the said theme within this region. 

 

 

Current Status 

The updated status of the signed bilateral MoUs between the BIMSTEC Member States was shown in the following matrix:

 

 

Bangladesh

Bhutan

India

Myanmar

Nepal

Sri Lanka

Thailand

Bangladesh

 

yes

yes

yes

yes

yes

yes

Bhutan

yes

 

no

no

no

no

no

India

yes

no

 

no

yes

yes

yes

Myanmar

yes

no

no

 

yes

yes

yes

Nepal

yes

no

yes

yes

 

yes

yes

Sri Lanka

yes

no

yes

yes

yes

 

no

Thailand

yes

no

yes

yes

yes

no

 

 

Last Update : June 2015

 

 

Members and Contact lists

Please contact AMLO Thailand via Ms. Supranee Satitchaicharoen, e-mail supranee@amlo.go.th

 

 

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