Leaders of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) on Wednesday signed the BIMSTEC Charter at the 5th Summit held in Sri Lankan capital city placing the organization’s activities on a more structured and rule based platform.

Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi joined the Summit, hosted by current BIMSTEC chair Sri Lanka in virtual mode, from Dhaka and New Delhi respectively with other BIMSTEC leaders from Bhutan, Nepal, Thailand and Myanmar.

BIMSTEC Convention on mutual legal assistance in criminal matters was signed by Foreign Minister Dr AK Abdul Momen, the Ministers of Foreign Affairs and the nominated signatories of the BIMSTEC Member States. 

Memorandum of Association (MoA) on the Establishment of BIMSTEC Technology Transfer Facility (TTF) in Colombo, Sri Lanka was signed by Dr Momen, Ministers of Foreign Affairs and the nominated signatories of the BIMSTEC Member States.

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On the other hand, Memorandum of Understanding (MoU) on Mutual Cooperation between Diplomatic Academies/Training Institutions of BIMSTEC Member States was signed by Rector of Bangladesh Foreign Service Academy Asad Alam Siam and the nominated signatories of the BIMSTEC Member States.

Later, a declaration of the 5th BIMSTEC Summit was adopted.

President of Sri Lanka Gotabaya Rajapaksa formally opened the Summit by joining virtually in the morning.

He also delivered closing remarks as the outgoing Chairman of BIMSTEC.

Foreign Minister Dr AK Abdul Momen attended the Summit in person.

Thailand has taken over the chairmanship of the BIMSTEC after conclusion of the 5th BIMSTEC Summit. 

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