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Study feasibility of trade in local currency, says PM Modi’s Bimstec action plan

IndiaTimes Friday, 4 April 2025
Prime Minister Narendra Modi introduced a 21-point plan at the Bimstec summit to boost regional connectivity, trade, and security. Proposals include a feasibility study on local currency trade and UPI connectivity. Modi emphasized enhanced security cooperation, disaster management, and the establishment of a Sustainable Maritime Transport Centre and Bimstec Chamber of Commerce.
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