Q. With reference to ‘BIMSTEC’, consider the following:

  1. It is a regional organization comprising seven Member States lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity.
  2. It constitutes seven Member States: five deriving from South Asia, including Bangladesh, Bhutan, India, Nepal, Sri Lanka, and two from Southeast Asia, including Myanmar and Indonesia.
  3. Sri Lanka to host 5th BIMSTEC Summit.

Which of the above statements is/are correct?

  • 1 only
  • 1 and 3 only
  • 1 and 2 only
  • All of the above

Answer: (b) 1 and 3 only

Notes:
  • The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization comprising of 7 member states which are in the littoral and adjacent areas of Bay of Bengal, thus constituting a contiguous regional unity.
  • Formation: Formed in 1997 through the Bangkok Declaration.
  • It was initially formed with 4 member states (Bangladesh, India, Sri Lanka and Thailand). Myanmar became a member in 1997, followed by Nepal and Bhutan in 2004.
  • Prime Minister Shri Narendra Modi on 30 Mar’22, attends the 5th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit hosted in virtual mode by Sri Lanka.
    • The theme of the summit was “Towards a Resilient Region, Prosperous Economies, Healthy People”.
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Read more: BIMSTEC