Last weekend, leaders of BIMSTEC (Bay of Bengal Initiative for Multi Sectoral and Technical Cooperation) countries, converged in Bangkok to give a fresh start to this regional body consisting of countries flanking the Bay of Bengal.
Coincidentally, the meeting happened just around the time when the world was soaking in the impact of Act-II of President Donald Trump’s tariff war.
Most analysts fear that the US action could hurt the world economy, particularly global trade. Global sentiment has taken a beating with stock markets in a nosedive.
In this backdrop, will the fresh efforts to revive BIMSTEC, which has been around since 1997, work? Why is India so invested in BIMSTEC?
To answer all this and more, StratNewsGlobal.Tech spoke to Sachin Chaturvedi, Chairman, Research and Information System on Capital Calculus.
