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The Bay of Bengal is fast becoming a key area of economic and strategic competition in the Indo-Pacific. It’s the largest bay in the world and forms an important part of southern Asia. The limitations of SAARC due to multiple reasons have led to South Asian region being the least integrated region in the world vis-à-vis the European and ASEAN experiences.
BIMSTEC is a bridge between South Asia and South East Asia. BIMSTEC has gained more favour as the preferred platform for regional cooperation in South Asia
BIMSTEC provides an alternative to SAARC due to the following reasons:
However, there are concerns which need to be addressed.
BIMSTEC is an extra feather to India’s act east policy:
Conclusion:
BIMSTEC region is notable for its diversity, the member states need to build on the regional synergies and work towards utilising the available resources in the most optimal manner. This would help build a stronger and a more dynamic BIMSTEC.
By: ABHISHEK KUMAR GARG ProfileResourcesReport error
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