Sri Lanka Proposes Mineral Mapping in BIMSTEC to Boost Regional Cooperation
Sri Lanka's state minister for foreign affairs, Tharaka Balasuriya, proposed a mechanism for mapping mineral resources within the BIMSTEC countries at the 2nd BIMSTEC Ministerial Retreat. The retreat focused on enhancing cooperation in areas such as security, connectivity, trade, and investment within the Bay of Bengal region.
![Sri Lanka Proposes Mineral Mapping in BIMSTEC to Boost Regional Cooperation](https://devdiscourse.blob.core.windows.net/devnews/12_07_2024_16_29_32_4398904.jpg)
- Country:
- Sri Lanka
Sri Lanka has called for the establishment of a mechanism within the seven-nation BIMSTEC grouping to map the region's mineral resources. This proposal came from Sri Lanka's state minister for foreign affairs, Tharaka Balasuriya, during the 2nd BIMSTEC Ministerial Retreat hosted by India.
The Sri Lankan foreign ministry mentioned in a press release that the retreat, which convened the foreign ministers of the BIMSTEC nations, provided an informal platform to explore ways to bolster security, connectivity, trade, and investment in the Bay of Bengal.
Balasuriya highlighted the necessity of creating a system within BIMSTEC to map the plentiful mineral resources within the region. The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was founded in June 1997 and includes Sri Lanka, Bangladesh, Bhutan, Myanmar, Nepal, Thailand, and India.
(With inputs from agencies.)
ALSO READ
Puneet Roy Kundal Appointed New Ambassador of India to Portugal
Ceigall India Shares Debut with 4.50% Premium on Market
Todd McClay to Boost Trade and Agricultural Ties with India in Upcoming Visit
Max Life Insurance Launches 'Aarohan' Initiative to Expand in Rural India
Vinesh Phogat's Emotional Retirement Shakes India