It’s good to have you here! Greetings from Bengal Business Network: bengalbusiness.net
A Brief Introduction to BIMSTEC
The Bay of Bengal Initiative for Technology & Economy.
BIMSTEC: The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation includes Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. The “BIMSTEC Economic Region” can bring a large and interconnected economy of over 1.5 billion people, i.e., about 21% of the world population who are young, and a combined regional GDP of over US$ 2.5 trillion, as on 2022.
Let’s not forget that:
Thailand & Indonesia are also India’s immediate neighbors; both countries share maritime borders with India — the pivot of the BIMSTEC Economic Region.
Indonesia & BIMSTEC: Potentially, by geographical definition and proximity, Indonesia be part of BIMSTEC.
South Asia & South East Asia: Isn’t the South Asia and South East Asia are “imaginary” geographic area? Many people think that these 2 regions created/named arbitrarily, just similar to many countries’ boundaries were drawn while “others” partitioned/divided those countries.
BIMSTEC is Real
BIMSTEC is a “Positive Sum Game” and will remain a Positive Sum Game for all members. It does not have problems which many other regional organizations have.
ASEAN will face increasing challenges to maintain cohesion or even to survive meaningfully with the changing geopolitics, technological advances and alternative financial inter-connectivity impacting trade & investment. ASEAN can no longer maximize value for all member states; ASEAN has always been unduly favorable to Singapore tilting equitable regional development via resource draining from other neighboring countries. Why & how?
Agree or disagree, BIMSTEC is Real.
The “BIMSTEC is Real” is a fact based on distinct geography, cultural history, and shared common future for peace-prosperity. BIMSTEC Economic Region will be the “future redevelopment” for better equitable regional peace-prosperity.
BIMSTEC Economic Region Summit
Welcome to visit BIMSTEC Economic Region Summit virtually. Join in subscribe now for the newsletter, here, to stay updated about the Miracle that is BIMSTEC Economic Region.
Newsletter on BIMSTEC Economic Region:
This newsletter will update about the potential roles "BIMSTEC Economic Region" can play in global and regional 'equitable' peace-prosperity. The newsletter will also update about the upcoming “BIMSTEC Economic Region Summit” and the possible opportunities for you to share ideas at the summit forum and publications.
Come on, join in.
Let’s be in touch, as we explore more about BIMSTEC Economic Region!!
Thanks & Regards
Founder, Director & MD of MiTA | MiTA since 2009
www.mitamyanmar.com : www.madhabpaul.com : www.mitaservices.com
About Me, Dr. Madhab Paul — the Generalist
Indian Engineer (PhD) & Businessman. Grew up in India, educated at the best institutes in India & abroad, well travelled, and having ‘experience, expertise & keen interest’ in multiple domains.
I have been in the region for over 15 years after a brief stint in Nigeria (Africa). Prior to that I worked — in various capacities — for a Government of India Enterprise based in New Delhi.
What do I like the most?
Always enjoy analyzing complexities to understand better and explore possibilities for new good businesses, technical research and development.
Thanks & Regards
Founder, Director & MD of MiTA | MiTA since 2009
www.mitamyanmar.com : www.madhabpaul.com : www.mitaservices.com
