The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) that came into being on 6 June 1997, was joined by Nepal in 2004 as a member state. A sub-regional organisation with seven South and Southeast Asian countries, it has an aim to create an enabling environment for rapid economic development; to accelerate social progress; and to promote collaboration on matters of common interest in the Bay of Bengal. In 2004, the members decided to hold the Summit every two years as far as possible, and four Summits have been held in 2004, 2008, 2014 and 2018 so far.
The question that arises is whether countries like Nepal, Bhutan and Sri Lanka will benefit if BIMSTEC is under the shadow of ASEAN and pro-ASEAN members.
Reframing India’s foreign policy priorities
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January 12, 2021 11:00 IST
Apart from an ideational restructuring, prudent plans, achievable objectives and a line of continuity are a must
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Apart from an ideational restructuring, prudent plans, achievable objectives and a line of continuity are a must
The year 2021 should see a cementing of the many trends that had their genesis in 2020. Leadership change in the United States is perhaps the most awaited change, but is unlikely to bring about a major power shift in the international arena. Even before the changeover, and despite the promise of a Biden presidency to invigorate the U.S.-Europe axis, Europe has turned its back on the U.S. and revived its China links, by ‘concluding in principle the negotiations for an EU-China Comprehensive Agreement on Investment’. In one swift move, Europe has thus shattered all hope that China would remain ostracised in 2021.
Dhaka for making BIMSTEC functional
Diplomatic Correspondent
10th January, 2021 10:51:42
As a founding member of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), Bangladesh is pledge bound to deepening relations with member states of the regional body in all aspects and to strengthen the BIMSTEC Secretariat in all possible means as well.
This was stated by State Minister for Foreign Affairs Md Shahriar Alam while receiving the newly appointed Secretary General of BIMSTEC Tenzin Lekphell at the Foreign Ministry on Sunday. The new Secretary General paid courtesy call on the State Minister.
Shahriar Alam said that Bangladesh, as the BIMSTEC lead country for Trade, Investment and Development, is strongly committed to strengthen BIMSTEC Cooperation in this important field.
Dhaka wants BIMSTEC process functional, operational | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
About this Event
(4:30-5:30PM AEDT) Wednesday | 13th January 2021
The Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India in partnership with the Confederation of Indian Industry, and other associations is organising the ‘Startup India International Summit - Prarambh (प्रारम्भ)’ from 15 – 16th January 2021 over a virtual platform.
The Indian startup ecosystem is the world’s second largest startup ecosystem and is growing at an unprecedented rate, contributing to the innovation driven growth for the Indian economy. Since the inception of the initiative 22,500+ startups have been recognised so far, across 448 districts from 29 States and 6 Union Territories, of which 55% come from tier 1 cities and 45 % from tier 2 & 3 cities. These startups are not just confined to technology led business models, but also manufacturing and service business models across various fields such as Healthcare,