Ministry of External Affairs of the Republic of India

08/05/2024 | Press release | Distributed by Public on 08/04/2024 23:24

First BIMSTEC Business Summit (August 06-08, 2024)

The Ministry of External Affairs of the Government of India in association with Confederation of Indian Industries (CII) will host the 1st BIMSTEC Business Summit in New Delhi on 06-08 August 2024.

2. The first edition of the Business Summit aims to foster greater regional collaboration through robust trade and investment relations among the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).

3. The Business Summit will be inaugurated by External Affairs Minister Dr. S. Jaishankar. Minister of Commerce and Industries Shri Piyush Goyal and other leaders will deliver key note addresses. Several Ministers of the BIMSTEC Member States from the ambit of Trade, Commerce and Industry, as well as Energy, along with high-ranking Government officials, policy makers, entrepreneurs and industry associations will participate in the event.

4. The event will bring together more than 300 key stake holders from across the Bay of Bengal region to facilitate economic collaboration and explore ways ahead in focus areas such as trade facilitation, regional connectivity, energy security, inclusive growth and sustainable development.

5. India attaches great importance to Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) which links five countries from South Asia (Bangladesh, Bhutan, Nepal, India & Sri Lanka) and two from South-East Asia (Myanmar & Thailand).

New Delhi
August 05, 2024