This report examines how the Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) region can utilize its intraregional network to deepen regional cooperation and integration to better the lives of the roughly 1.5 million people living in this region. It discusses issues of trade, investment, regional value chains, and connectivity, in the context of making the BIMSTEC grouping more relevant and meaningful. With BIMSTEC's enormous potential waiting to be tapped, this report urges the grouping to take advantage of newly available opportunities and harvest low hanging fruits, including establishment of a BIMSTEC power trade network, promotion of business-to-business and people-to-people contact, enhancement of regional value chains, and engaging the experience and expertise of BRICS economies.

Author: Research and Information System

Year: 2016

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Tags: BIMSTEC, Regional Cooperation, Thailand, Trade, Energy

Recognizing India as an outlier in development of international production networks with the lowest participation among Asian countries, this study investigates the reason for India’s lackluster participation in production-sharing networks. Using desk work, field surveys, and interviews, an analysis is adopted with three comparator countries in the region that have been successful in production-sharing arrangements as well as industrial growth – China, Malaysia, and Thailand. It further describes foreign direct investment inflows into India, analyzes behind-the-border investment environment, and provides recommendations to improve investment climate and hasten the pace of manufacturing development in India.

Author: Anwarul Hoda and Durgesh Kumar Rai

Year: 2014

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Tags: India, Trade, Production Networks, Investment, Thailand, Manufacturing, Customs, Economic Corridor, Energy, Trade Facilitation, Transport