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.
This month marks the beginning of triple celebrations in Bangladesh, including the 50th anniversary of its independence, for which Prime Minister Modi will be traveling to Dhaka as the guest of honour. There is much to celebrate: A country that began as a case study for development is now on top of the global GDP charts. The springboard was achieved through a thriving textiles industry, women's workforce participation, micro finance, liberal investment policies. There is much to learn from this neighbour.