Expert Group Meeting on Energy under the Bay of Bengal Initiative for Multi-Sector Technical and Economic Cooperation (BIMSTEC) was held at Shwe Nandaw Hotel, Nay Pyi Taw yesterday.
The meeting was attended by officials from BIMSTEC secretariat, representatives from BIMSTEC member countries of Myanmar, Bangladesh, Bhutan, India, Nepal, Sri Lanka and Thailand.
First, Union Minister U Win Khaing said Myanmar was taking up the duty of leading the energy sector under the BIMSTEC program. Socio-economic conditions of the people in the region depend not only on economic development but also on the correct management of natural resources. Energy sufficiency was the priority work of all and it was time to ease changes in natural environment through replacing the usage of limited energy resources with renewable energy. Only with close cooperation can there be sustainable development. General projects for renewable energy sector and for effective and beneficial energy sector need to be upgraded step by step.
The aims were to raise power sufficiency through mutual cooperation among member countries, increase connectivity and unification and control usage and sharing of natural resources to acquire electricity and increasing the momentum of energy sector development.
In the day’s Expert Group Meeting the first step of expanding energy trading sector within member countries will be implemented. Myanmar government had setup strategies and work processes for Myanmar Sustainable Development Plan 2018-2030 in accordance to the United Nations Framework on Sustainable Development Goals. It was strongly believed that within the two-day meeting a firm success will be achieved among the member countries said the Union Minister.
Director U Han Thein Kyaw then says words of thanks on behalf of BIMSTEC Secretary General.
The meeting was then held and will be continued until 29 March it is learnt.
(Translated by Zaw Min)