TOPIC: GS PAPER II INTERNATIONAL RELATION
Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.
Modalities for promoting coastal shipping in the region were among other issues discussed by the member States of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation).
According to a Ministry of Shipping release, in this first meeting of the Working Group which happened on November 27 and 28, the member countries discussed the draft text of BIMSTEC Coastal Shipping Agreement drafted by the Ministry of Shipping, Government of India.
About the Coastal Shipping Agreement:
What you need to know about BIMSTEC?
QUESTION ARISING FROM THIS NEWS:
Q1) The objective of the above agreement is to facilitate coastal shipping in the region, thereby giving a boost to trade between the member countries. Discuss.
Sources: BUSINESS STANDARD, 26 Nov
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