The Summit was held in Sri Lanka in a hybrid mode.
BIMSTEC Summit 2022’s main outcome was the BIMSTEC Charter’s adoption and signing.
This charter formalizes the BIMSTEC grouping into an organization that will have a flag, an emblem, and formally listed principles that are to be adhered to by the member nations.
The BIMSTEC leaders also oversaw the signing of 3 different BIMSTEC agreements.
Also, USD 1 million will be provided by India to the BIMSTEC secretariat for increasing its operational budget.
The scope of the BIMSTEC scholarship program that is offered by the Nalanda International University is also being expanded.
“Towards a Resilient Region, Prosperous Economies, Healthy People” is the summit’s theme.