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The Hindu
The Hindu
National
Kallol Bhattacherjee

PM Modi moots free trade agreement for BIMSTEC

India will be the “security pillar” of the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation), an official of the Ministry of External Affairs (MEA) said on Wednesday at the conclusion of the grouping’s summit in Colombo.

Addressing the meeting virtually, Prime Minister Narendra Modi called for strengthening the BIMSTEC and welcomed the unveiling of the Charter of the organisation that connects the littoral countries of the Bay of Bengal.

“Today we have adopted the Charter of BIMSTEC. This is an important step towards creating an institutional architecture of BIMSTEC,” he said in Hindi. The Charter had given the BIMSTEC a new orientation and concrete goals. Under this Charter, the members were expected to meet once in every two years.

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