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Economics3h 15m ago

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was born out of the Bangkok Declaration in 1997, comprising seven member states aiming for regional collaborative integration.

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Bay of Bengal region, South Asia, Southeast Asia, Dhaka, Bangkok, Goa

Who
BIMSTEC, Bangladesh, India, Sri Lanka, Thailand, Bhutan, Myanmar, Nepal, Prime Minister Narendra Modi, External Affairs Minister S Jaishankar
What
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was born out of the Bangkok Declaration in 1997, comprising seven member states aiming for regional collaborative integration.
When
Mon, 15 Jun 2026 11:55:20 GMT · 3h 15m ago
Where
Bay of Bengal region, South Asia, Southeast Asia, Dhaka, Bangkok, Goa ·
Why
BIMSTEC faces challenges in achieving deeper integration due to factors like lack of trust, differing development levels, economic differentials, and geopolitical priorities.
The Frontline Impact

How this affects you

BIMSTEC, despite slow integration progress, holds significant potential to become a digitally integrated regional economy, linking South Asia and Southeast Asia, with an expanding digital market for its 1.7 billion people.

Story chain

3 events in this thread
  1. Economics3h 15m ago
    The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has significant potential to become a digitally integrated regional economy linking South Asia and Southeast Asia.
    Open article
  2. Currently Reading3h 15m ago
    The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was born out of the Bangkok Declaration in 1997, comprising seven member states aiming for regional collaborative integration.
  3. Economics3h 15m ago
    BIMSTEC has significant potential to become a digitally integrated regional economy linking South Asia and Southeast Asia.
    Open article

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