Dr. Paras Kharel, Executive Director, SAWTEE, spoke on panels on BIMSTEC trade, investment and connectivity and "Sixth BIMSTEC Summit and way ahead" at the Third Bay of Bengal Economic Dialogue, organized by South Asian Network on Economic Modeling (SANEM) and Chulalongkorn University, on 11-12 July 2024 in Bangkok. Speaking on the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), he highlighted the need for a trade adjustment mechanism to help weaker economies adjust to trade liberalization shocks; tackling non-tariff measures; a regional transit arrangement; and on-boarding observers to mobilize technical and financial resources.
