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Swift Summary

• Event: Prime Minister Narendra Modi reached Bangkok for the BIMSTEC Summit, accompanied by Foreign Minister S. Jaishankar.
• Meetings: Modi held a bilateral meeting with Thailand’s PM Paetongtarn Shinawatra; a meeting with Thailand’s King Maha Vajiralongkorn is also expected.
• About BIMSTEC: Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional grouping of seven countries in South Asia and Southeast Asia, established on June 6, 1997.

– Members: Bangladesh, Bhutan, India, Nepal (South Asia), Myanmar, and Thailand (Southeast Asia).
– Economic Stats: Population of 1.67 billion across member countries; total GDP of $2.88 trillion; intra-group trade grew from $5 billion in 2000 to $60 billion in 2023.

• Leadership Rotation: Chairmanship rotates alphabetically among member states during summits. Thailand currently chairs the group while Bangladesh is next in line.
• India’s Strategic Importance: BIMSTEC is vital for addressing China’s growing presence in the Bay of Bengal region and countering instability arising due to U.S.-China tensions.

Indian Opinion Analysis

The BIMSTEC Summit underlines India’s focus on strengthening regional cooperation within the Bay of Bengal region amid geopolitical challenges from China’s expanding maritime influence. With SAARC largely inactive due to Pakistan’s role in obstructing progress, BIMSTEC offers India an option platform that fosters collaboration with both South Asian and Southeast Asian nations.

India’s active participation demonstrates its commitment to creating deeper economic ties while seeking stability within this critical Indo-Pacific subregion. Furthermore, as nations like Sri Lanka reassess their dependencies on Chinese loans and Bangladesh grapples with political dynamics influenced by Beijing, india may find greater opportunities through BIMSTEC partnerships to promote balanced growth and regional connectivity.

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