A new chapter in regional cooperation, economic integration, and strategic unity was inaugurated at the 6th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit, held in Bangkok, Thailand. In this historic event, the Chief Advisor of the Interim Government of Bangladesh and Nobel Laureate economist, Dr. Muhammad Yunus, assumed leadership of the important regional alliance.

His inauguration was not just a ceremonial formality but a clear commitment—Bangladesh is no longer a passive observer but a central driving force within BIMSTEC.

By taking the helm, Bangladesh now holds a unique opportunity to bridge South and Southeast Asia. Although the country has not previously been prominent as a strategic voice in the region, Dr. Yunus’s international reputation and human development-oriented philosophy can fill this gap. The four-point proposal he introduced is not only timely but also offers a multidimensional and long-term strategy.

The Four-Point Proposal: A Humane Framework for Regional Cooperation

In his address, Dr. Yunus outlined four key principles to shape the future trajectory of BIMSTEC:

1. People-Centric Development: He envisions BIMSTEC as a regional alliance that places people at its center—ensuring social justice and inclusion alongside economic growth.

2. Climate Action: He emphasized collective initiatives to combat climate change.

3. Technological Equality: He highlighted the importance of eliminating technological disparities and creating equal access to information technology.

4. Youth Leadership: He called for collaborative efforts to develop regional youth leadership.

Experts argue that these elements are deeply rooted in the socio-economic realities and future needs of the region. Implementation of these proposals would not only foster economic growth but also promote peace, stability, and social equity. Notably, the people-centric development model can ignite a new regional consciousness—placing humanity at its core.

From Innovation Hub to Digital Equality: A Path to a Sustainable Future

Dr. Yunus’s proposal to establish a Regional Innovation Hub in Dhaka is particularly noteworthy. This center would foster sustainable technology, social business, and innovative thinking. He argued that economic cooperation alone is insufficient; what’s needed is collaboration that enhances the quality of life through technology, education, and human development.

Addressing the growing digital divide, Dr. Yunus emphasized the need for expanded internet access, education, and training to ensure that all citizens of BIMSTEC member states benefit equally.

This proposal comes at a critical time, as digital inequality continues to exacerbate socio-economic divides—especially in rural areas. If realized, the Innovation Hub could become a center for technological collaboration, research, and collective advancement.

Message of Regional Unity in Bilateral Talks

On the sidelines of the conference, Dr. Yunus held discussions with Indian Prime Minister Narendra Modi, focusing on regional trade, climate change, and technical cooperation. Productive meetings were also held with Bhutanese Prime Minister Dasho Tshering Tobgay and Thai Prime Minister Phaython Shinawatra.

The Thai Prime Minister expressed optimism that BIMSTEC would gain “new dynamism” under Bangladesh’s leadership. These meetings went beyond protocol—they laid a symbolic and practical foundation for regional unity and cooperation.

In particular, the discussion with India—touching on complex and longstanding issues like economic corridors, regional connectivity, and water management—underscores BIMSTEC’s potential as a platform for addressing not only economic but also political challenges.

Bangladesh’s Diplomatic Resurgence: Global Recognition of Leadership

Dr. Yunus’s presidency marks a new diplomatic horizon for Bangladesh. His Nobel recognition and lifelong work in human development offer BIMSTEC a unique opportunity to craft a progressive socio-economic framework. This shift also amplifies Bangladesh’s global standing.

It’s important to note that historical economic, strategic, and cultural divisions have long hindered BIMSTEC’s progress. Conflicting interests among member states have slowed the alliance. In this context, Dr. Yunus’s non-partisan, humanitarian leadership offers a hopeful alternative—one that emphasizes shared values over politics.

Conclusion: A New Chapter of Unity and Possibility in South and Southeast Asia

Dr. Muhammad Yunus’s leadership of BIMSTEC is more than a political or economic transition—it is a moral call and a humanistic vision. The alliance's future is not just centered on development, but on becoming a model of inclusive, humane, and sustainable growth.

Bangladesh is now leading this transformation—this is both a historical imperative and a source of inspiration.

The success of BIMSTEC will depend on the genuine implementation of the four-point proposal and the willingness of member countries to work collaboratively. What’s certain is that this summit marks the beginning of a new journey—with Bangladesh as the driver, and Dr. Yunus as the guide.

(The author is an undergraduate student in the Department of International Relations at the University of Rajshahi, Bangladesh. Views expressed are personal. She can be reached at atiaibnat01403@gmail.com).