Business Desk :
Foreign Minister AK Abdul Momen on Thursday urged Member States to expedite BIMSTEC process noting that an enhanced trade and investment in this region will facilitate income and employment generation.
“Seamless multi-modal connectivity is a precondition for trade and investment promotion and people to people contact,” he said.
The Foreign Minister made the remarks at the 17th BIMSTEC Ministerial Meeting virtually held in Colombo, Sri Lanka on Thursday.
The meeting approved/endorsed several BIMSTEC agreements, conventions, MoUs and other important documents /instruments envisaged to be signed/adopted at the fifth BIMSTEC Summit.
The Foreign Ministers and Senior Officials of all the seven BIMSTEC Member States joined the meeting.
Foreign Secretary (Senior Secretary) Masud Bin Momen accompanied the Foreign Minister in the meeting, reports UNB.
The 5th BIMSTEC Summit is expected to be held in Colombo, Sri Lanka this year subject to the COVID situation.
Momen said BIMSTEC is a member driven organization and members organize the meetings and events to build consensus on cooperation and undertake programme of action in various sectors.
“We need to work simultaneously on a faster pace in all priority sectors to bring synergy in our cooperation to make BIMSTEC a result oriented regional forum,” he said.
