Bangladesh‘s Muhammad Yunus-led interim administration has joined hands with Pakistan to revive the South Asian Association for Regional Cooperation (Saarc) amid India’s focus on Bimstec (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) as an effective regional organisation connecting South Asia with Southeast Asia. Advisers of Yunus, including his close aide Mahfuz Alam … Read more
BIMSTEC can finalise a regional FTA in phases, which would lead to quicker implementation and promote investment, job creation, technology partnerships, and services according to a CII Study on BIMSTEC Economic Cooperation. The CII Study was released in New Delhi last week on the occasion of BIMSTEC Business Summit organised ahead of the group’s Summit … Read more
Around this time last year, India and the UK looked ready to sign a free trade deal: the deadline set by former British Prime Minister Boris Johnson was Diwali. That did not materialise. On October 26, a couple of days after the festival of lights, then UK trade minister Greg Hands said in British Parliament … Read more
India and the European Union plan to support regional connectivity, beginning with the member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). This was decided as part of their Connectivity Partnership initiative for third countries, announced at Saturday’s Summit. The India-EU Summit has decided to seek synergies and complementarities … Read more