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27th July 2024 (11 Topics)

A new push in the Bay of Bengal

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Context

India recently hosted the 2nd BIMSTEC Foreign Ministers' Retreat, focusing on security, connectivity, trade, and investment within the Bay of Bengal region. This retreat precedes the sixth BIMSTEC summit, scheduled for September, where leaders are expected to sign a significant maritime transport agreement.

Retreat Overview

  • Regional Cooperation Assessment: The retreat began with a review of regional cooperation within BIMSTEC, evaluating the progress of outcomes from the 1st Retreat. India proposed establishing Centers of Excellence in Agriculture, Disaster Management, and Maritime Transport.
  • Health and Connectivity Initiatives: India offered support for cancer research and treatment across BIMSTEC countries and proposed issuing e-visas for patients. Sri Lanka suggested including kidney disease in health collaborations.
  • Commitment to Regional Growth: India emphasized the importance of continuing collaborative growth and nurturing regional cooperation under India's Act East and Neighbourhood First policies, showcasing a commitment to addressing regional challenges.

Expectations from the Summit

  • Resource Mapping and Economic Integration: Sri Lanka proposed mapping mineral resources and integrating production stages within BIMSTEC economies to diversify production. Bangladesh emphasized cooperation in the Blue Economy.
  • Tourism and Cultural Exchange: Bhutan advocated for greater collaboration in tourism and cultural exchanges, while Nepal proposed a ‘whole of the region’ approach to enhance synergy among member states.
  • Non-Traditional Security Concerns: Thailand highlighted the need for cooperation in non-traditional security areas, and Myanmar added the need to address online scamming as a priority.

Mains Question:

Q. How does BIMSTEC contribute to India's Act East Policy and Neighbourhood First strategy?

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