India recently hosted the 2nd BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Foreign Ministers’ Retreat in New Delhi, marking a significant milestone in regional cooperation. This retreat served as an informal platform to discuss ways to accelerate action in security, connectivity, trade, and investment within the Bay of Bengal region. The retreat, held in preparation for the sixth summit meeting in September, underscores the growing importance of BIMSTEC in fostering regional integration and collaboration.
Geopolitical and Economic Imperatives: BIMSTEC, comprising five South Asian and two Southeast Asian countries, is crucial for New Delhi’s economic development, security, and foreign policy. Strengthening ties with eastern neighbors, particularly Bangladesh and Myanmar, provides India with strategic access to the sea for its landlocked northeastern region. Improved relations with Myanmar and Thailand also enhance India’s presence in the Indo-Pacific, aligning with its vision of the region’s centrality to ASEAN (Association of South East Asian Nations). This focus was emphasized by Thailand, positioning itself as a bridge between BIMSTEC and ASEAN, reinforcing India’s ‘Neighbourhood First’ outlook, ‘Act East Policy’, and SAGAR (Security And Growth for All in the Region) vision.
Strategic Meetings: The retreat also provided opportunities for bilateral discussions. Indian Foreign Minister S. Jaishankar met with his counterparts, addressing key concerns. With Myanmar, he discussed the flow of displaced persons, narcotics, and arms across the border and urged the return of unlawfully detained Indians. In his meeting with the Bangladesh Foreign Minister, he ensured the smooth supply of daily essentials and the deployment of a technical team for the Teesta project, signaling progress in resolving long-standing issues.
The 2nd BIMSTEC Foreign Ministers’ Retreat in New Delhi highlighted India’s commitment to regional cooperation and development. This year marks a decade of India’s Act East and Neighbourhood First policies, with BIMSTEC playing a pivotal role in advancing these initiatives. The retreat showcased the collective intent of member states to pursue a bold vision for the region, focusing on security, connectivity, trade, and investment. While the true impact of these proposals will be seen at the forthcoming summit, the retreat has undoubtedly set a positive tone for future collaborations, driven by new energies, resources, and a renewed commitment to regional cooperation.
The Daily Current Affairs Quiz which keeps you updated with the current events happening all…
The Board of Control for Cricket in India (BCCI) has made a bold and significant…
Madhya Pradesh, a state rich in culture and traditions, celebrates many colorful festivals. One of…
The Ustad Bismillah Khan Yuva Puraskar (UBKUP) is a prestigious award instituted by the Sangeet…
The Sustainable Trade Index 2024, jointly published by the Hinrich Foundation and IMD, highlights the…
The title "Frontier Gandhi" refers to Khan Abdul Ghaffar Khan, a prominent leader from British…