BIMSTEC countries have the potential for benefiting mutually and contributing to the global economy.
Today, intra-regional trade accounts for just 5 percent of South Asia's total trade, compared to 25 percent for the Association of Southeast Asian Nations. This vast untapped potential presents the region with an opportunity for growth that does not rely on the strength of the world economy.
BIMSTEC countries have the potential for benefiting mutually and contributing to the global economy.
Today, intra-regional trade accounts for just 5 percent of South Asia's total trade, compared to 25 percent for the Association of Southeast Asian Nations. This vast untapped potential presents the region with an opportunity for growth that does not rely on the strength of the world economy.