Sri Lanka remains committed to all BIMSTEC initiatives – President

Sri Lanka remains committed to all BIMSTEC initiatives – President

June 6, 2021   10:59 pm

President Gotabaya Rajapaksa, in a message of greetings for the 24th anniversary of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), reiterated that Sri Lanka will remain committed to all of the organization’s initiatives.

The President stated that the Sri Lankan government, as the current BIMSTEC chair, is considering hosting the 5th summit of the organization later this year, but only if the pandemic situation improves.

He went on to encourage the member states to continue to deepen cooperation to address the region’s challenges and to seize the many opportunities for shared progress, emphasizing that the BIMSTEC only contributes 4% of the world GDP despite representing 22% of the world’s population.


The full statement issued by President Gotabaya Rajapaksa is produced below:

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 (BIMSTEC).

We take great pride to be one or the founder members of this prestigious initiative way back in 1997. 

As the current Chair of BIMSTEC, Sri Lanka convened eight core BIMSTEC meetings including the 17th BIMSTEC Ministerial Meeting during which Member States collectively finalized the BIMSTEC Charter.

Rationalization of sectors and sub sectors of BIMSTEC, MoU on mutual cooperation between diplomatic academies/training institutions of BIMSTEC member states, with a view to adopt at the 5th BIMSTEC Summit.

The Secretariat has commendably supported and facilitated the process under the BIMSTEC frame work to achieve this outcome. I wish to take this opportunity to convey that, Sri Lanka is considering hosting the 5th BIMSTEC 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. 

Although, BIMSTEC represents 22% of the world populations, it only contributes 4% of the world GDP. Therefore, I strongly encourage member states to continue to deepen cooperation to address the region’s challenges and to seize the many opportunities for shared progress.

I reassure that Sri Lanka would remain committed to all BIMSTEC initiatives as we did in the past.

Let all Member States of BIMSTEC harmoniously work towards achieving shared prosperity and peace for our peoples.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Sri Lanka Tourism Awards 2024 held in Colombo (English)

Sri Lanka Tourism Awards 2024 held in Colombo (English)

Fitch raises Sri Lanka rating to 'CCC+' after creditor nod to debt overhaul (English)

CBSL introduces new loan rescheduling measures for SMEs (English)

'Hard work and sacrifice paid off': Treasury Secretary hails Sri Lanka exiting default (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Deputy Minister discusses challenges hindering Sri Lankan industries' growth with WB officials (English)

Sri Lanka Cricket implements historic amendments to constitution (English)