Sri Lanka is gearing up to host the Fifth Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit, now in its silver jubilee year (the summit is being held in virtual/hybrid mode on March 30, and Sri Lanka is the current BIMSTEC chair). This special occasion makes it imperative for BIMSTEC leaders to reinforce their commitments and efforts in building the momentum of collaborations in the Bay of Bengal region for the security and development of all.
This summit is expected to build the required momentum of collaborations among the member states — Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand — as there has been commendable teamwork among them and a finalisation of several agreements to enhance regional strategic and economic integration. The unique ecology of BIMSTEC is witnessing enriched political support and commitment from India.
Undoubtedly, BIMSTEC has special significance for India in a changing mental map of the region. India has made the Bay of Bengal integral to India’s ‘Neighbourhood First’ and ‘Act East’ policies which can accelerate the process of regional integration. BIMSTEC matters for India and the region.