Fast-Tracking BIMSTEC Free Trade Agreement Introduction to BIMSTEC The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization that includes countries from South Asia and Southeast Asia. This group comprises Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. The BIMSTEC Free Trade Agreement (FTA) aims to enhance trade…
India and UAE Trade Target $100 Billion Non-Oil Trade by 2030, Set up Councils to Facilitate FTA Implementation India and the United Arab Emirates (UAE) have set ambitious targets to boost their bilateral trade. Both countries aim to achieve $100 billion in non-oil trade by the year 2030. To facilitate the implementation of a Free…
Seylan Bank Nostro account : Seylan Bank of Sri Lanka opens INR denominated Nostro account in Indian Bank in Mumbai Seylan Bank, one of Sri Lanka’s prominent commercial banks, has opened an INR-denominated Nostro account in Indian Bank in Mumbai, India. This move is expected to strengthen bilateral trade relations and increase banking services between…
