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Economic Integration News - Latest Updates & Headlines

India and Bangladesh need revitalised regional co-operation

New Delhi, Jan 11: The future of regional cooperation in South Asia is currently at a pivotal juncture, shaped by its historical context. While initiatives such as the South Asian Association for Regional Cooperation (SAARC) have largely failed to achieve the anticipated pan-regional free trade, another important forum, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), risks facing a similar fate unless significant intervention occurs from its largest member states, namely India and Bangladesh.