What is BIMSTEC ? #GKbyMilitaryChoice • BIMSTEC is a regio | Military Choice

What is BIMSTEC ? #GKbyMilitaryChoice

• BIMSTEC is a regional multilateral organization comprising 7 Member States lying in the littoral and adjacent areas of the Bay of Bengal.

• It came into being on 6 June 1997 through the Bangkok Declaration.

• The seven Member States ae Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand.

• It has its secretariat at Dhaka, Bangladesh.

• Initially, the economic bloc was formed with 4 Member States with the acronym ‘BIST-EC’ (Bangladesh, India, Sri Lanka and Thailand Economic Cooperation).

• Thailand has assumed the chairmanship of BIMSTEC for 2022.

BIMSTEC (Bay of Bengal Multi-Sectoral Technical and Economic Cooperation) completes 25 years of the journey this year that began in Bangkok in June 1997.

• The fifth summit of BIMSTEC will be held in Colombo on March 30.

It has now resolved to hold regular summits once in two years.

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