Regional FTA, easier FDI, customs integration key for BIMSTEC, says CII study

The Confederation of Indian Industry (CII) proposed several measures to bolster BIMSTEC Economic Cooperation. Recommendations included finalising a regional FTA in phases, easing FDI restrictions, automating customs agencies, and expediting transport connectivity initiatives. CII emphasized expanding collaboration in skill development, e-commerce, and digital infrastructure to boost regional integration.