The 4th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation( BIMSTEC) Summit is going to be held on August 30 and 31. Peace, prosperity and the sustainable Bay of Bengal are the prime objectives of the summit to focus on it. India Prime Minister Narendra Modi has arrived in Kathmandu, where he received a ceremonial welcome. Nepal Prime Minister KP Sharma Oli. India PM Narendra Modi, Sri Lankan President Maithripala Sirisena, Bangladesh Prime Minister Sheikh Hasina and Myanmar's head of state Win Myint will meet each other at the sidelines of the event.