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BIMSTEC Summit likely to adopt FTA and clinch maritime transport pact

March 24, 2025
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BIMSTEC Summit likely to adopt FTA and clinch maritime transport pact

New Delhi - The April 2-4 summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) in Bangkok will aim to put in place a maritime transport agreement to increase and smoothen trade between Indian ports and the ports of Myanmar-Thailand, strengthening connectivity links between south Asia and southeast Asia through the Bay of Bengal.

The agreement is expected to benefit member states, including through the strengthening and development of relations in merchant shipping and maritime transport, contributing to the growth of regional economic and commercial relations, an official pointed out . . .

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