Minister Mansukh Mandaviya will inaugurate the first ever‘BIMSTEC Ports’
Conclave’at Visakhapatnam in Andhra Pradesh to be held on 7-8 November 2019.
The Bay of Bengal
Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an
International Organization involving a group of countries in the South Asia and
South East Asia namely, Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan
Delegates for the Conclave
Delegates from the
People’s Republic of Bangladesh, the Kingdom of Bhutan, the Republic of India,
and the Republic of the Union of Myanmar, the Federal Democratic Republic of
Nepal, the Democratic Socialist Republic of Sri Lanka and the Kingdom of
Thailand. These BIMSTEC Countries will bea part of this conclave and will
present their country’s perspective on BIMSTEC and regional ports.
The Ports’ First Conclave
of BIMSTEC nations is expected to explore the possibility of increasing
economic cooperation by furthering EXIM trade and coastal shipping. The Conclave will also discuss on various
investment opportunities, best practices adopted for productivity and safety at
Ports. Senior officials from the Ports Sector from all seven nations as well as
from the Trade and various Shipping Associations will be participating in the
two day conclave.
Five panel sessions during this conclave
There will be five
panel sessions during this conclave. On first day, first session will be on
‘Port led Industrial and Tourism Development’. This session aims to discuss
mechanism to encourage tourism in the region and develop industrial clusters in
close proximity to a Port.The diverse historical and cultural heritage of the
BIMSTEC nations makes it an ideal destination for tourism, in which the ports
plays a vital role for encouraging cruise tourism.
As the supply chain
is necessitating expansion beyond national boundaries, the enlarging scope is
resulting in increased cargo throughput, which is putting tremendous pressure
on the existing port infrastructure.
Adoption of new
technological solutions to maximize efficiency and productivity by optimizing
the available space, resources, time and energy is the need of hour.
Second panel session: ‘Emergent Roles of Ports in the
Global Supply Chain
The second panel
session will be on ‘Emergent Roles of Ports in the Global Supply Chain’, this
session aims to discuss the emergent role of ports and terminals in the
backdrop of the expanding supply chains and the solutions available.
The last panel
session on first day will be on ‘Safe and Secure Ports’. This session aims to
discuss the emerging threats and the safe guards against security threats, as
ports are not only of vital commercial interest, but also a nation’s strategic
Fourth panel session: ‘Ports Services: Delivering
On second day of
the conclave, fourth panel session will be on ‘Ports Services: Delivering Value’.
This session will provide a platform for discussion on various steps undertaken
for improving the ease of doing business. The last panel session will be in
‘Green Port Operations’. In the light of the commitment to the environment and
Paris Accord to mitigate climate change, the ports must adopt a sustainable
operations model. This session aims to discuss the process, the technologies
and solutions available to adopt ‘Green Port Operations’.
In the Summit, Memorandum
of Understanding are also expected to be signed for furthering Trade
cooperation between the Ports of Visakhapatnam, Kolkata and Chennai with Port
Authority of Thailand (Ranong Port).
BIMSTEC regional organization comprising of seven
Member states lying in the littoral and adjacent areas of Bay of Bengal
The Ports of Bengal
Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) is a
regional organization comprising of seven Member states lying in the littoral
and adjacent areas of Bay of Bengal constituting a contiguous regional
unity. The objective of BIMSTEC alliance
was to harness trade and accelerated growth with mutual cooperation in
different areas of common interest by utilizing the
regional resources and geographical advantage.