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.
The SAARC Yatra to be undertaken by foreign secretary S. Jaishankar from March 1 is an opportunity for India to improve relations, resurrect stalled projects and create new synergies with its neighbourhood. An initiative like this could hold the key to India shedding the ‘hegemon’ tag and pursuing mutually beneficial policies with its neighbours
Economic security needs to be defined holistically through an open and democratic discourse. A plurality of perspectives on what constitutes development is essential to democracy across the world. Grass roots protests are driven by a longing for a truly inclusive and fair model of growth.