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BIMSTEC

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, or BIMSTEC, groups together Bangladesh, Bhutan, Burma, India, Nepal, Sri Lanka and Thailand. The seven-country forum aims to achieve its own free trade area by 2017.

last update: May 2012


Bimstec free trade pact set to come into force in July
The BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) free trade agreement is expected to come into force from July 1 this year, the Bangladesh Parliament was told Sunday.
Bimstec FTA needs to cross one more river
The proposed India-Bimstec (Bangladesh, India, Myanmar, Sri Lanka, Nepal and Bhutan) free trade agreement to be implemented from July 1 2006 has to cross one last hurdle.
BIMSTEC finalizes dispute resolution rules
Trade Negotiation Committee has finalized rules for settling disputes in BIMSTEC free trade agreement. It has, however, failed to converge on the percentage of value addition for rules of origin.
BIMSTEC FTA set to kick off on schedule
Apart from a few issues that remain to be ironed out the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) regional grouping is all set to implement the Free Trade Agreement (FTA) among the member countries by July 2006 as scheduled.
Free trade pact expected in Kathmandu meet
The tenth meeting of the BIMSTEC Trade Negotiation Committee (TNC) began here in the capital today.
A strong sub-regional grouping in the making
As a new sub-regional group, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is making its presence felt in this part of the world.
BIMSTEC trade negotiation to begin today
Trade officials from seven South and Southeast Asian countries are convening in the capital from Wednesday for the 10th BIMSTEC Trade Negotiation Committee (TNC) meeting to finalize a free trade accord on trade in goods.
Some Asian nations eye free trade pact
A free trade pact between seven South and Southeast Asia nations was likely to be in place by July 2006, Bangladesh’s foreign minister said Monday after a meeting of a regional economic forum.
BIMSTEC ministerial meet to implement FTA on schedule, fight terror
The seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation ministerial meet ended here today with a resolve to deepen economic integration by implementing FTA on schedule, relax visa rules and enhance cooperation in counter-terrorism and trans-nation crimes.
BIMSTEC countries to sign FTA early next year
BIMSTEC (Bangladesh-India-Myanmar-Sri Lanka-Thailand Economic Co-operation) Trade Ministers will sign a free-trade deal on goods at their Dhaka meet early next year.

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  • BIMSTEC
    Bangladesh-India-Myanmar-Sri Lanka-Thailand Economic Cooperation (also includes Nepal and Bhutan)