Thailand's chairmanship will culminate after the sixth summit of BIMSTEC in Bangkok in November, after which Bangladesh will hold the chair, its vice-minister (foreign affairs) Vijavat Isarabhakdi said.
PM Modi said that in order to increase mutual trade among BIMSTEC nations, it is important to move forward on the BIMSTEC FTA proposal.
In a statement marking the 26th anniversary of the Bay of Bengal Initiatives for Multi-Sectoral and Technical and Economic Cooperation (BIMSTEC), he also underscored “the need to overcoming the adverse impacts of...
Member countries approved complete reorganisation of BIMSTEC, under which there will be seven pillars and every country will lead one pillar of activities. India will lead the security pillar.