IAS/PCS Coaching

Best IAS/PCS Coaching in Lucknow

One of the objectives of the 4th BIMSTEC meet is to come to a conclusion on the FTA discussion. Ahead of the BIMSTEC Summit, on 20 August, envoys of the seven-nation regional bloc called for the early conclusion of negotiations for an FTA among member-nations, which has been in discussion for 13 years.
Speaking at a panel discussion on the “Fourth BIMSTEC Summit: Expectations, Challenges and Opportunities”, organised by industry body Ficci, the envoys of Bangladesh, Myanmar, Sri Lanka, and Thailand were of the view that the time is ripe to give unequivocal directives to facilitate the conclusion of the FTA.
Overall, BIMSTEC functions based on three pillars of cooperation: Trade and investment; energy; and transportation. The transformation of the BIMSTEC region into a hotspot of economic growth also adds to the body’s relevance for the member countries.