BIMSTEC cooperation on trade: How to ensure incremental growth in intra-regional trade?

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has passed 23 years since its inception in 1997. Being a regional cooperation initiative, BIMSTEC promotes co-operation on seven key economic areas including trade, investment, and transport and communications. In this connection, member countries are currently negotiating for establishing the BIMSTEC Free Trade Area to propel trade and investment among member countries. A draft agreement on regional transport connectivity has been finalised. Read More.

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