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Showing posts with the label BIMSTEC's

Unlocking BIMSTEC’s Potential: Successes, Challenges, and the Road Ahead

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Unlocking BIMSTEC’s Potential: Successes, Challenges, and the Road Ahead Unlocking BIMSTEC’s Potential: Successes, Challenges, and the Road Ahead Introduction In an era marked by unprecedented global connectivity and interdependence, regional collaborations play a pivotal role in shaping the geopolitical and geo-economic landscape. The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) stands at the crossroads of strategic importance and untapped economic potential. This article delves into the successes, challenges, and recommendations for BIMSTEC, highlighting its significance in the current geopolitical context. BIMSTEC, comprising Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand, aims to foster economic development, technological coo

BIMSTEC's Eminent Persons' Group Fourth Meetin

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BIMSTEC's Eminent Persons' Group Fourth Meeting BIMSTEC's Eminent Persons' Group Meets for the Fourth Time Introduction of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperationr(BIMSTEC)MSTEC) international organisationsation that brings togseven South Asian and Southeast Asian nationsatBangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.iland. Wcombined population of over 1.7 billion peoplepeople substantial economic impactimpact, BIMSTEC aifoster collaboration and mutual benefits across various sectors.ctorJune 25-27, 2024, 2024fourth meetingeeting oEminent Persons' Group (EPG) (EPG) on the Future Directions of BIMSTEC was held in Dhaka, Bangladesh, marking a significant step in the organisation's evolution. History of BIMSTEC BIMSTEC was established on June 6, 1997, through the signing of the B

Revitalizing Regional Cooperation: BIMSTEC's Eminent Persons Group Charts a Path Forward

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Revitalizing Regional Cooperation: BIMSTEC's Eminent Persons Group Charts a Path Forward Revitalizing Regional Cooperation: BIMSTEC's Eminent Persons Group Charts a Path Forward Introduction: The Promise and Potential of BIMSTEC In an era defined by intricate global interdependencies, regional cooperation has emerged as a cornerstone of sustainable development and shared prosperity. For the nations bordering the Bay of Bengal, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) stands as a beacon of hope and a testament to the power of collaborative endeavors. Established in 1997, BIMSTEC brings together seven Member States – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand – united by a shared geographical proximity and a common aspiration for a brighter future.