Getty (1) Courtesy: Gateway House
15 May 2025

The New Geopolitics and South Asia’s Trade Architecture – What Next?

BY , and

Geopolitics is increasingly intertwined with the economic destiny of South Asia. Even before the U.S. tariffs were rolled out, growing polycrises had hit the global economy, which has been struggling since the pandemic. South Asia seems a relatively bright spark of regional trade and growth. This paper analyses South Asia’s trade architecture in the backdrop of a sluggish world economy in the 2020s, and makes recommendations for closer regional economic integration.

PM Modi alongside other BIMSTEC leaders at 6th BIMSTEC Summit Courtesy: ANI
10 April 2025

BIMSTEC: Vision vs Reality

BY

The 6th BIMSTEC Summit in Bangkok on April 4, 2025 saw progress for the organisation, such as the adoption of a ‘Vision 2030’ plan outlining its goals till 2030. In other areas, the grouping continues to lag. BIMSTEC must watch for potential challenges to its future as it seeks to bridge the gaps.

indian port Courtesy: Reuters
9 February 2023

Trading more within Asia makes economic sense

BY

The International Monetary Fund’s recent warning of a slowing global trade comes as a sign for South Asia to reassess its regional trade within the continent. India, in its year of G20 Presidency and as South Asia’s largest economy, can use its platform to lead the way via dialogue, capacity building, and regulatory policies to encourage open regionalism in Asia.

Amb Gurjit Singh Courtesy: ANI
17 August 2022

75 years of development cooperation

BY

Since 1947, India has had a proud record of development cooperation. It began even though it was newly independent and itself developing, but created a camaraderie with movements in other emerging countries. Now after 75 years, its time to move toward an FDI-led model, which will particularly help reduce the rising indebtedness in the developing world.

IMG-1700 Courtesy: @BIMSTECInDhaka
8 June 2022

BIMSTEC@25

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June 6, 2022, marks 25 years since India, Bangladesh, Sri Lanka, Bhutan, Nepal, Myanmar and Thailand joined hands to create BIMSTEC and infuse South Asia with economic and institutional cooperation. The strategic geography of this grouping has the potential to bring new synergy between South Asia and the recently-instituted Indo Pacific Economic Framework, ASEAN and the Quad, for a prosperous, secure Bay of Bengal Community.

bimstec 2 Courtesy: Twitter- BIMSTEC
19 May 2022

Incorporating the Blue Economy into BIMSTEC

BY

The BIMSTEC charter has laid the foundations for a prosperous, peaceful, and sustainable Bay of Bengal region, a goal that can be achieved by greater integration and deeper collaboration. While ensuring continuity with past efforts and strengthening economic cooperation is necessary, it must also realise its potential in newer areas such as the blue economy, which has three interlinked pillars— connectivity, prosperity, and regional stability.

bimstec climate Courtesy: @BimstecInDhaka
12 May 2022

Mainstreaming the climate agenda in BIMSTEC

BY

The rejuvenated BIMSTEC, with a new charter in hand, is now expanding its ambition and mission. One such area is climate change, which needs greater attention as it will have implications for the Bay of Bengal and beyond. With their unique climate conditions and action plans can together create a model for regional cooperation.

unnamed (1) Courtesy: Ministry of External Affairs, India
7 April 2022

A formal, opportune BIMSTEC

BY

The recently concluded BIMSTEC summit is now a regional intergovernmental organization with a formal charter, giving it a clear mission and legality and a destiny linked to South and South East Asia. It is now better equipped to accelerate economic development for the fifth of the world’s population, which contributes only 4% of global GDP.

FILE - In this April 12, 2018, file photo released by Xinhua News Agency, Chinese President Xi Jinping, left, speaks after he reviewed the Chinese People's Liberation Army (PLA) Navy fleet in the South China Sea. From Asia to Africa, London to Berlin, Chinese envoys have set off diplomatic firestorms with a combative defense whenever their country is accused of not acting quickly enough to stem the spread of the coronavirus pandemic. (Li Gang/Xinhua via AP, File) Courtesy: The Japan Times
31 March 2022

China’s military modernisation

BY

China's 2022 defence budget reflects the seriousness of the Communist Party aims to fully modernise the People’s Liberation Army by 2027. Given the on-going border competition, it is crucial for India too, to optimise budgetary resources, intensify restructuring and enhance indigenous defence production, thereby improve power projection capability.

bimstec 2022 Courtesy: BIMSTEC
31 March 2022

BIMSTEC steps forward

BY

BIMSTEC is of special importance to India as it is a crucial link between the Neighbourhood First and Act East policies. This almost 25 year old multilateral can contribute to the Indo-Pacific region by addressing challenges in strategic areas of regional connectivity, security cooperation, free trade, and geoeconomic ties with external partners.