Officials said the Business Council will serve as a platform to align industry with policy priorities, particularly in multimodal connectivity, digital trade and MSME internationalisation.
Welcoming the representatives, Visakhapatnam Port Authority Chairman M Angamuthu highlighted the strategic importance of Visakhapatnam in maritime trade and logistics.
In his address, Union Minister Shivraj Singh Chouhan stated that BIMSTEC is a natural choice for India to fulfil its key foreign policy priorities of ‘Neighbourhood First’ and ‘Act East Policy’.
During the summit, the seven-member grouping of Bay of Bengal littoral and adjacent countries that account for 22 per cent of world population signed an agreement on maritime transport cooperation
Modi, who arrived here on a two-day visit to attend the 6th BIMSTEC summit, earlier received a guard of honour and also witnessed a mesmerising Ramakien—Thai Ramayana performance.
