PM Modi's Bimstec Action Plan Promotes Regional Connectivity and Trade; Includes Feasibility Study on Local Currency Trade

Prime Minister Narendra Modi unveiled a 21-point action plan during the Bimstec summit to enhance regional connectivity, trade, and security in India. The plan inclu

Prime Minister Narendra Modi unveiled a 21-point action plan during the Bimstec summit to enhance regional connectivity, trade, and security in India. The plan includes conducting a feasibility study on trade in local currencies and establishing UPI connectivity. Modi highlighted the importance of strengthening security cooperation, disaster management, and setting up a Sustainable Maritime Transport Centre and Bimstec Chamber of Commerce. This initiative aims to foster closer economic ties and collaboration among Bimstec member countries.