PM Modi stresses on BIMSTEC’s role as engine for economic, social growth

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PM Modi stresses on BIMSTEC's role as engine for economic, social growth



A readout by the PMO said Modi reaffirmed India’s commitment to a peaceful, prosperous, resilient and safe BIMSTEC region and highlighted its significance to India’s ‘Neighbourhood First and Look East Policies as well as in its SAGAR vision.”The PM had fruitful discussions with the group of ministers on further strengthening the regional cooperation in diverse areas including connectivity, energy, trade, health, agriculture, science, security and people to people exchanges,” it said.”He stressed on the role of BIMSTEC as an engine for economic and social growth,” the readout noted.It said Modi expressed India’s full support to Thailand for the upcoming BIMSTEC Summit to be held in September.India hosted the BIMSTEC foreign ministers’ retreat to review various initiatives to expand cooperation among the grouping’s member nations.In his inaugural address at the retreat, External Affairs Minister S Jaishankar called on the grouping to infuse new energies, resources and a fresh commitment to bolster cooperation.India has been making concerted efforts to make BIMSTEC a vibrant forum for regional cooperation as initiatives under SAARC (South Asian Association for Regional Cooperation) were not moving forward for a variety of reasons.India has been cooperating with the countries of the Indian Ocean region under the broader policy framework of SAGAR or Security and Growth for all in the Region.



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