- Negotiations
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
Photo: Palácio do Planalto/CC BY-NC-SA 2.0
9-Aug-2006
Thailand yesterday dismissed news reports that political problems at home had delayed negotiations on free-trade agreements (FTAs) among members of the regional Bimstec trade bloc.
7-Aug-2006
Financial Express
The sagging negotiations on the proposed BIMSTEC Free Trade Area (FTA) agreement are likely to get momentum after a new government is installed in Thailand through October 18 elections, the Thai foreign minister said in the city Sunday, report agencies.
27-Jul-2006
The Bay of Bengal for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), a regional trading bloc of seven South and Southeast Asian countries, is giving final shape to its free trade agreement in Colombo this week.
19-Jul-2006
eKantipur
BIMSTEC, an economic bloc consisting seven South and Southeast Asian countries, is resuming trade negotiations next week in order to finalize the bloc’s free trade agreement (FTA) and propose a new date for its enforcement.
4-May-2006
eKantipur
BIMSTEC, a bloc of seven countries from South and Southeast Asia, is all set to miss the date of implementing free trade accord, as differences on terms of trade is still wide and members have been failing to convene to discuss those.
7-Mar-2006
Dhaka is likely to provide 522 products of three least developed countries (LDCs) of Bimstec with duty-free access between June 2006 and June 2009. The country may also provide the same products of three other developing countries of the seven-nation bloc with duty-free access from June 2011.
16-Feb-2006
The seven BIMSTEC member countries failed to agree on rules of origin criteria and other outstanding issues, which left text of FTA accord on trade in goods undecided in Bangkok this week.
8-Feb-2006
Asia Pulse
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.
2-Feb-2006
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.
1-Jan-2006
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.
