The trade share of India with the Bay of Bengal initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) countries i.e. Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand for the financial year 2014-15 is as under:-

S. No	Country	2014-15
		Export (in US $ Millions)	% share (w.r.t. total export)	Import (in US $ Millions)	% share (w.r.t. total import)
1	Bangladesh	6,451.47	2.08	621.37	0.14
2	Bhutan	333.94	0.11	149.87	0.03
3	Myanmar	773.24	0.25	1,231.54	0.27
4	Nepal	4,558.77	1.47	639.91	0.14
5	Sri Lanka	6,703.72	2.16	756.17	0.17
6	Thailand	3,464.83	1.12	5,865.88	1.31

The Framework Agreement on BIMSTEC Free Trade Agreement (FTA) was signed in February 2004.  The Framework Agreement includes provision for negotiation of FTA on goods, services, investment and economic cooperation amongst the member countries. The Member countries of BIMSTEC have constituted the Trade Negotiating Committee (TNC) to carry forward the negotiations in accordance with the Framework Agreement. So far 20 Rounds of negotiations have been held. 

This information was given by the Minister of State(Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.

BIMSTEC Free Trade Agreement negotiations proceed under the Framework Agreement, covering goods, services, investment and cooperation. The Framework Agreement on the BIMSTEC Free Trade Agreement, signed in February 2004, provides for negotiation of an FTA on goods, services, investment and economic cooperation; members formed the Trade Negotiating Committee to conduct negotiations under the Framework Agreement and have held twenty rounds. The document also summarises 2014-15 country-level export and import shares between India and BIMSTEC partners.