October 16, 2021
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PM Modi in Nepal for BIMSTEC Summit

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As a part of the Indian government’s policy to strengthen its relation with its neighbours, Prime Minister Narendra Modi has reached Nepal to attend the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation summit -the summit organised to strengthen the cooperation of those countries in the South Asian regions, particularly those near the Bay of Bengal sea, in the highly important sectors of economy and technology. It is the fourth such summit.

The Indian PM, while speaking about the summit, has asserted that his presence in the summit would give clear message about the priorities of his government and his regime’s sincere commitment towards the policy of strengthening the bilateral and multilateral relations with the South East Asian countries.

India’s attempt to bring the South East Asian countries together carries serious significance, as China’s strategy to gain prominence in the region through an attractive economic cooperation program pushes several countries to look for a powerful alternative.

Can India be a trustworthy alternative to those countries which are not interested to fall before the Chinese huge economic cooperation program Belt and Road Initiative, considering the fact that by now some countries have reached into an assumption that the huge financial assistance Beijing offers as a part of the BRI to develop the infrastructure may push those who accept the assistance into a huge debit trap?    

 

Vignesh. S. G

Photo Courtesy: Google/ images are subject to copyright 

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