Potential for Sub-regional Cooperation
As the limits to regional cooperation become evident, particularly in the SAARC context, sub-regional Cooperation offers opportunities for India to push through economic integration with its South and South East Asian neighbours. Already some examples exist which can be emulated and expanded upon such as BIMSTEC involving South and South East Asia and BBIN involving four South Asian countries. The rationale for energising sub-regional cooperation among three major countries straddling the South and South East Asian axis -- India, Bangladesh and Myanmar—has been spelt out. It has been argued that there is sufficient content and context in the three bilateral relationships to start work on various trilateral cooperation proposals. This will not only be a win-win for all three countries involved but will propel greater cooperation in some other larger configurations such as BIMSTEC or BCIM-EC as these three countries form the geographical fulcrum of the other frameworks as well.
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