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BIMSTEC, IORA sign MoU to deal with security, developmental challenges
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) and the Indian Ocean Rim Association (IORA) have signed a Memorandum of Understanding (MoU) on the occasion of the 6th BIMSTEC Summit held in Bangkok, Thailand, recently. This partnership will also be inst
BIMSTEC, IORA sign MoU to deal with security, developmental challenges
FE Online Desk
Published :
Apr 06, 2025 20:17
Updated :
Apr 06, 2025 20:17
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) and the Indian Ocean Rim Association (IORA) have signed a Memorandum of Understanding (MoU) on the occasion of the 6th BIMSTEC Summit held in Bangkok, Thailand, recently.
This partnership will also be instrumental in jointly addressing the security and developmental challenges in the region and beyond, said the BIMSTEC Secretariat on Monday.
BIMSTEC Secretary General Indra Mani Pandey and IORA Secretary General Sanjiv Ranjan signed the MoU on behalf of their respective organisations, reports UNB.
The signing of the MoU was welcomed by the BIMSTEC Leaders, marking a significant step in deepening inter-regional cooperation, said the BIMSTEC Secretariat on Sunday.
The signing of MoU formalizes future partnership between IORA and BIMSTEC in key areas of shared interest, including trade and investment facilitation, environment and climate change, maritime security and connectivity, science and technology, and people-to-people contact and tourism including blue economy and ocean management and fisheries management.
BIMSTEC comprises seven countries of the Bay of Bengal region: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.
The Indian Ocean Rim Association (IORA) is an inter-governmental organization established on 7 March 1997.
FE Online Desk
Published :
Apr 06, 2025 20:17
Updated :
Apr 06, 2025 20:17
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) and the Indian Ocean Rim Association (IORA) have signed a Memorandum of Understanding (MoU) on the occasion of the 6th BIMSTEC Summit held in Bangkok, Thailand, recently.
This partnership will also be instrumental in jointly addressing the security and developmental challenges in the region and beyond, said the BIMSTEC Secretariat on Monday.
BIMSTEC Secretary General Indra Mani Pandey and IORA Secretary General Sanjiv Ranjan signed the MoU on behalf of their respective organisations, reports UNB.
The signing of the MoU was welcomed by the BIMSTEC Leaders, marking a significant step in deepening inter-regional cooperation, said the BIMSTEC Secretariat on Sunday.
The signing of MoU formalizes future partnership between IORA and BIMSTEC in key areas of shared interest, including trade and investment facilitation, environment and climate change, maritime security and connectivity, science and technology, and people-to-people contact and tourism including blue economy and ocean management and fisheries management.
BIMSTEC comprises seven countries of the Bay of Bengal region: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.
The Indian Ocean Rim Association (IORA) is an inter-governmental organization established on 7 March 1997.
