India will host the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation – BIMSTEC Business Summit today in New Delhi. External Affairs Minister Dr S Jaishankar will inaugurate the three-day Business Summit along with key note addresses from Commerce and Industries Minister Piyush Goyal and other leaders. The event will also feature several ministers of the BIMSTEC Member States along with high-ranking Government officials, policy makers, entrepreneurs and industry associations. The External Affairs Ministry said that BIMSTEC Business Summit will bring together more than 300 key stake holders from across the Bay of Bengal region to facilitate economic collaboration and explore ways ahead in focus areas such as trade facilitation, regional connectivity, energy security, inclusive growth and sustainable development. The Ministry added that summit aims to foster greater regional collaboration through robust trade and investment relations among the BIMSTEC member countries.