BIMSTEC stands for?
Show answer & explanation
Correct answer: A
Explanation
Correct Answer
Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
Explanation
BIMSTEC stands for the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. It is a regional organization established in 1997 through the Bangkok Declaration. The permanent secretariat of BIMSTEC is located in Dhaka, Bangladesh, and it serves as a bridge between South Asia and Southeast Asia to promote economic and technical cooperation among countries dependent on the Bay of Bengal.
Key Points
BIMSTEC comprises seven member countries: five from South Asia (Bangladesh, Bhutan, India, Nepal, Sri Lanka) and two from Southeast Asia (Myanmar, Thailand). Cooperation focuses on various sectors, including trade, technology, energy, transport, tourism, and fisheries.
Important Questions and Answers
Question: In which year was BIMSTEC established, and where is its headquarters?
Answer: BIMSTEC was established in 1997, and its permanent secretariat (headquarters) is located in Dhaka, Bangladesh.
Question: Which two Southeast Asian nations are members of BIMSTEC?
Answer: Myanmar and Thailand are the two Southeast Asian nations that are members of BIMSTEC.