Sri Lanka committed to all BMISTEC initiatives - President | Daily News

Sri Lanka committed to all BMISTEC initiatives - President

President Gotabaya Rajapaksa yesterday that Sri Lanka would remain committed to all initiatives of the Bay of Bengal Initiatives for Multi-Sectoral Technical and Economic Cooperation (BMISTEC).

Issuing a message to mark the 24th Anniversary of the organization, the President encouraged the BIMSTEC member states to continue to deepen the cooperation to address the region’s challenges and to seize the many opportunities for shared progress. Although the BIMSTEC represents 22 per cent of the world’s population, it only contributes 4 per cent of the world GDP. Therefore, I strongly encourage Member States to continue to deepen the cooperation to address the region’s challenges and to seize the many opportunities for shared progress, the message said. Excerpts from the message: “I consider it a great privilege to convey greetings and best wishes of the Government and the people of Sri Lanka on the happy occasion of the 24th anniversary of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BMISTEC).

“We take great pride to be one of the founder members of this prestigious initiative way back in 1997.As the Current chair of the BIMSTEC, Sri Lanka convened eight core BIMSTEC Meetings including the 17th BMISTEC Ministerial Meeting during which member states collectively finalized the BMISTEC Charter, Rationalization of sectors and Sub Sectors of BMISTEC , MoU on mutual cooperation between Diplomatic Academies / Training Institutions of BMISTEC Member States with a view to adopt at the 5th BMISTEC summit. The Secretariat has commendably supported and facilitated the process under the BMISTEC framework to achieve this outcome. I wish to take this opportunity to convey that Sri Lanka is considering the hosting the 5th BMISTEC summit in the latter part of the year depending on the mitigation of the spread of the COVID-19 pandemic and ease of travel restrictions in Member States.”