Bangkok vision 2030, recently seen in news is related toa)Association ...
Bangkok Vision 2030 is a strategic framework that was recently discussed in the news. It is related to the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).
BIMSTEC is a regional organization comprising of seven member states in South Asia and Southeast Asia. These member states are Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. The main objective of BIMSTEC is to promote economic cooperation, connectivity, and integration among its member countries.
Bangkok Vision 2030 is a strategic roadmap adopted by BIMSTEC member states during the 4th BIMSTEC Summit held in Bangkok, Thailand in August 2018. The vision outlines the collective aspirations and goals of the member states for the next decade, with a focus on sustainable development and regional integration.
Key Points of Bangkok Vision 2030:
1. Sustainable Development: The vision emphasizes the importance of sustainable development as a key priority for the member states. It aims to promote inclusive and sustainable economic growth, reduce poverty, and achieve the Sustainable Development Goals (SDGs) set by the United Nations.
2. Connectivity: Enhancing connectivity within the BIMSTEC region is another important aspect of the vision. This includes improving physical connectivity through the development of transportation infrastructure, such as roads, railways, ports, and airports. It also emphasizes the need for digital connectivity to enhance trade, investment, and people-to-people connectivity.
3. Trade and Investment: The vision aims to promote trade and investment among the member states by reducing trade barriers, harmonizing customs procedures, and facilitating cross-border investment. It also encourages the establishment of a BIMSTEC Free Trade Area to further enhance economic integration.
4. People-to-People Connectivity: Bangkok Vision 2030 recognizes the importance of fostering people-to-people connectivity among the member states. This includes promoting cultural exchanges, tourism, educational cooperation, and cooperation in the fields of science, technology, and innovation.
5. Security Cooperation: The vision also emphasizes the need for enhanced security cooperation among the member states to address common challenges such as terrorism, transnational organized crime, and natural disasters. It calls for greater collaboration in areas such as counter-terrorism, maritime security, and disaster management.
In conclusion, Bangkok Vision 2030 is a strategic roadmap adopted by BIMSTEC member states to promote sustainable development, connectivity, and regional integration. It sets out the collective aspirations and goals of the member states for the next decade, focusing on various aspects such as sustainable development, connectivity, trade and investment, people-to-people connectivity, and security cooperation.