Bay of Bengal
IMG Edited

Regional Economic Integration in the Bay of Bengal

06 June 2017 marks 20 years since the establishment of Bengal Initiative for Multi-Sectoral, Technical, and Economic Cooperation (BIMSTEC), an international organization involving a group of countries in South Asia and South East Asia, including Sri Lanka. To mark this occasion, Dr. Kelegama, Executive Director of IPS, argues that the two key functional aspects of BIMSTEC, which are market-driven integration and government-driven integration, should be utilized selectively to seek quick gains to the region.