Can BIMSTEC Substitute SAARC?
Yuba Nath Lamsal:- The sixth summit meeting of the Bay of Bengal Initiative for Multi-Sectoral Cooperation (BIMSTEC) was held on April 3-4 in Thailand with a declaration seeking to further foster integration and cooperation among members. The meeting in itself is a positive sign at a time when other regional organisations are faltering. The initiatives and resolve to promote cooperation among countries are good and positive. Regionalism and regional integration were once a general trend in the world, especially after World War II. Devastated by the war, the Western European countries realised the necessity of working together for the reconstruction of war-ravaged infrastructures, accelerating economic development. With this realisation, European countries paved the ground for creating a regional group in Europe. As a result, France, West Germany, Italy, Luxembourg, Belgium, and the Netherlands met in Paris, France, in 1951 and signed a treaty agreeing to establish the European Coal ...