BIMSTEC Summit: PM Modi proposes annual biz meets, trade in local currency

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BIMSTEC Summit: PM Modi proposes annual biz meets, trade in local currency - Business Standard

Quick Summary:

Modi highlighted the newly functional BIMSTEC Energy Centre in Bengaluru, which will train youth in the energy sector.

As part of a 21-point action plan, Modi proposed a series of initiatives to bring the grouping closer, including holding the first meeting of the Home Ministers’ Mechanism in India.

India would be hosting a BIMSTEC Athletics Meet this year and the first BIMSTEC Games in 2027, when the group celebrates its 30th anniversary.