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PM Pushes UPI, Trade at BIMSTEC Meet

Financial Express Kochi

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April 05, 2025

UNDERLINING THAT BIMSTEC is a model for inclusive development and collective security and not merely a regional organisation, Prime Minister Narendra Modi Friday announced more than 20 initiatives — from the mechanism of Home Ministers on security to UPI connecting payment mechanisms, an energy centre to a chamber of commerce.

- SHUBHAJIT ROY

Speaking at the 6th BIMSTEC Summit in Bangkok, the Prime Minister said, "BIMSTEC serves as a vital bridge between South and Southeast Asia, and is emerging as a powerful platform for advancing regional connectivity, cooperation and shared prosperity."

"It is a matter of great satisfaction that the BIMSTEC Charter came into force last year. I am confident that the Bangkok Vision 2030, which we are adopting today, will further our collective commitment to building a prosperous, secure and inclusive Bay of Bengal region," he said.

Stating it embodies the spirit of 'Sabka Saath, Sabka Vikas, Sabka Prayas', he said "it stands as a testament to our shared commitments and the strength of our unity... I am confident that together, we will continue to strengthen the spirit of solidarity, cooperation and mutual trust, and take BIMSTEC to even greater heights."

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