India’s Engagement with Regional Groupings

BIMSTEC

• The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of seven nations of South Asia and South-East Asia, housing 1.5 billion people and having a combined gross domestic product of $2.5 trillion (2014). The BIMSTEC member states—Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan, and Nepal—are among the countries dependent on the Bay of Bengal.

Objective

• The main objective of BIMSTEC is technological and economic cooperation among South Asian and Southeast Asian countries along the coast of the Bay of Bengal. Commerce, investment, technology, tourism, human resource development, agriculture, fisheries, transport and ....