BIMSTEC can acts as Aisa’s economic growth engine
- Prime Minister said Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) can fuel economic growth in Asia.
- BIMSTEC is a seven nations group comprising Bangladesh, Bhutan, Burma, India, Nepal, Sri Lanka and Thailand.
- It aims to have its own free trade agreement by 2017.
- Free Trade Agreement
- Various trade agreements