PM Moots 21-Point Plan For BIMSTEC Group

Let’s harness the rich potential of the IT sector and make BIMSTEC technologically stronger. I propose setting up a BIMSTEC Chamber of Commerce to boost business among us - Narendra Modi, Prime Minister

Bangkok: Prime Minister Narendra Modi on Friday proposed a 21-point action plan that includes linking India’s UPI with the payment systems of BIMSTEC nations and setting up a BIMSTEC Chamber of Commerce to strengthen engagement among the grouping’s members. Addressing the sixth BIMSTEC Summit here, the Prime Minister said the grouping is an important forum to further global good.

“It is imperative we strengthen it and deepen our engagement. In this context, I proposed a 21-point Action Plan covering different aspects of our cooperation,” Modi posted on X. The action plan also includes BODHI or BIMSTEC for Organised Development of Human Resource Infrastructure initiative. Under this, 300 youth from BIMSTEC countries will be trained in India every year.

“BIMSTEC has the potential to be a shining example of capacity-building frameworks. We will all learn from each other and grow,” Prime Minister Modi said.

Under the plan, he proposed a pilot study to understand the needs of BIMSTEC countries to share the experience of Digital Public Infrastructure (DPI). “Additionally, I propose linking India’s Unified Payment Interface (UPI) with the payment systems in the BIMSTEC region.