Historic Charter Enforced
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) adopted its first charter, which came into force on May 20.
With the charter in place, BIMSTEC is now open to accepting new members and observers.
The adoption of the charter during the 5th summit of BIMSTEC leaders has granted the grouping a 'legal personality'.
This legal status enables BIMSTEC to engage in structured diplomatic dialogues with other international groupings and countries.
India's Commitment:
External Affairs Minister S. Jaishankar emphasized that the charter's enforcement reaffirms India’s dedication to fostering a prosperous, peaceful, and sustainable neighborhood.
BIMSTEC is seen as a reflection of India's Neighbourhood First and Act East policies.
Official Spokesperson Randhir Jaiswal highlighted that the charter provides a legal and institutional framework for meaningful cooperation.
It aims to deepen integration in the Bay of Bengal region.
BIMSTEC Formation and Challenges:
BIMSTEC was originally formed in 1997.
The organization struggled for a long time to achieve consensus among its seven member states — Bangladesh, Bhutan, Sri Lanka, Nepal, Thailand, Myanmar, and India — regarding a common charter that encapsulates the grouping's vision.
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