The heads of government of seven countries of South and Southeast Asia – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand – gathered in Naypyidaw, Myanmar in March 2014 for the third BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) summit. Representing one-fifth of global population, nearly two-fifths of global poor and more than half of Asia’s poor, they were deliberating over three key issues of development, connectivity, and economic integration. Though the resource-rich sub-region of BIMSTEC marks the convergence of South, Southeast, and Northeast Asia, it remains disconnected from Asia’s growth story and operates on the margin of Asia’s cooperative and integrative discourse.
PacNet #29 – BIMSTEC: Can it connect two-fifths of global poor?
April 14, 2014