BIMSTEC Cooperation

Prime Minister KP Sharma Oli is in Bangkok, Thailand, to participate in the sixth summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), which is due to kick off today (Friday). Ahead of the summit, Nepal and Thailand signed nine different agreements covering eight different areas on Wednesday. These include a memorandum of understanding (MoU) on tourism cooperation between the governments of the two countries, a cultural agreement, and a MoU between the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Board of Trade (BoT) of Thailand, MoU between the Confederation of Nepalese Industries (CNI) and the Federation of Thai Industries (FTI), among others.