The 17th Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) ministerial meeting was held on 1 April 2021. Though the grouping is ready to move forward, a number of obstacles stand in the way of this, including regional tensions, uncertainties surrounding SAARC and China's involvement in the multilateral. As BIMSTEC is to celebrate the silver jubilee of its formation next year, can it achieve its goal, to effect “a paradigm-shift in raising the level of cooperation and regional integration"?
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During the Bay of Bengal Economic Dialogue 2021 on, Post-COVID Challenges in the Bay of Bengal Region, Amb. Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies, Gateway House addresses the staggered growth of BIMSTEC, whilst also highlighting its potential as a regional grouping. He identifies the lack of political commitment, bureaucratic inertia and insufficient engagement of the Third Space and disregard for the region as a community as the chief obstacles to a successful initiative.
The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.
The first-ever virtual summit of leaders from member-states of the South Asian Association for Regional Cooperation on March 15 was an innovative exercise in showing solidarity in containing a pandemic. Here is an assessment of its tangible outcomes – and longer-term ways to prepare for SAARC’s revival
South Asia’s speedy economic development depends on the level of integration between countries in the region. The South Asian Association for Regional Cooperation (SAARC) and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) have lost their momentum. But both platforms have their uses and can be revived creatively
TIMES NOW featured our Distinguished Fellow in Foreign Policy Studies, Amb. Rajiv Bhatia on their show to discuss the fourth BIMSTEC Summit. Watch the full episode here.
Regional groupings in South Asia have turned out to be like diligent pupils whose report cards show performance below par. The reasons for such an impasse range from political divergences to the economic downturn and the much talked about China factor that has many implications for India
This regional grouping has to deliver on promises in collaboration with governments and corporate India so that neglected issues – from the Rohingya crisis to the scheduling of the next summit, and arriving at an agreement on the Free Trade Area – enter the national discourse
This regional grouping, which was envisioned as a potential bridge between SAARC and ASEAN, turns 20 on June 6. It achieved very little until last year, when efforts to revive its original mission began quite by accident. It has the potential to make greater strides if member states adhere to their commitments.
India’s global economic engagement, especially with the developing world, has increased in the last two decades, but trade with South Asia has remained low. It holds the potential for building greater productivity and more inclusive growth in India and the region