Stating that all countries of BIMSTEC seek peace and prosperity, Prime Minister Narendra Modi on Thursday said that this will be possible only if there is connectivity in all forms between member states of the regional bloc. "Each of our countries seek peace, prosperity and happiness, but in today's inter-connected world, we cannot achieve this alone," PM Modi told the inaugural session of the Fourth Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit.
PM Modi also called for taking the process forward for Bimstec coastal shipping and motor vehicle agreements. BIMSTEC came into existence on June 6, 1997, through the Bangkok Declaration.