Courtesy: Reuters
The Reserve Bank’s move to enable international trade in INR is a step towards regaining Indian primacy in the Indian Ocean region that the Indian Rupee once enjoyed. It is also an essential financial dimension that will add heft to India’s strategic SAGAR policy.
Courtesy: Twitter- BIMSTEC
The BIMSTEC charter has laid the foundations for a prosperous, peaceful, and sustainable Bay of Bengal region, a goal that can be achieved by greater integration and deeper collaboration. While ensuring continuity with past efforts and strengthening economic cooperation is necessary, it must also realise its potential in newer areas such as the blue economy, which has three interlinked pillars— connectivity, prosperity, and regional stability.
Courtesy: Khabarhub
On 6 October 2021, Ambassador Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies Programme, spoke to Dr. Pramod Jaiswal, Strategic Affairs Editor at Khabarhub on the role of Nepal in BIMSTEC and SAARC, in an analysis of the 17th BIMSTEC ministerial meetings. He also highlighted the role of SAARC and BIMSTEC in countering Chinese influence in the region.
Courtesy: Wikipedia
Prime Minister Modi’s term has been marked by a resolve to improve cooperation among South Asian nations. These proactive efforts can bear rich fruit if the Modi government promotes the concept of geoeconomic and geopolitical equations being seen through the lens of bioregions. There are significant precedents which the Modi government can build upon