FNCCI proposes BIMSTEC Business Forum to boost intra-regional trade

The share of all BIMSTEC countries — that include two ASEAN member-states - Thailand and Myanmar — is less than 4 percent in world trade.

The Federation of Nepalese Chambers of Commerce and Industries (FNCCI) President Chandra Prasad Dhakal on Tuesday floated the idea for the formation of the BIMSTEC Business Forum to boost intra-region trade and investments in the member countries among their private sector.