What does BIMSTEC stand for?

What does BIMSTEC stand for?

Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) comprising Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, Thailand brings together 1.5 billion people – 21% of the world population, and a combined GDP of over US$ 2.5 trillion.

Which country is not a part of BIMSTEC?

Maldives is NOT correct. BIMSTEC is the acronym for Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. 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.

What is the full form of Bamstec?

Definition. : Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. Category.

How many countries are in BIMSTEC?

seven Member States
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 Thailand.

When did Nepal join BIMSTEC?

8 February 2004
Nepal joined BIMSTEC on 8 February 2004.

When did Bhutan join BIMSTEC?

2004
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation was founded in 1997. Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand are the seven member states of BIMSTEC. Bhutan joined the organization in 2004.

When did Nepal get membership of BIMSTEC?

Who initiated BIMSTEC?

Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation

Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation BIMSTEC
• Chairmanship Sri Lanka (since September 2018)
• Secretary General Tenzin Lekphell Bhutan
Establishment 6 June 1997
Website bimstec.org

When did Bhutan joined BIMSTEC?

When did India join BIMSTEC?

BIMSTEC – Important Facts

What is the full form of BIMSTEC? Bay of Bengal Initiative on Multi-Sectoral Technical and Economic Cooperation
When did BIMSTEC come into picture? It came into being in 1997 through the Bangkok Declaration

Why is BIMSTEC so important for India?

India’s Northeast and Subregional Connectivity Connectivity remains a key priority area for BIMSTEC to accelerate long-term economic growth and development in the member countries. India is the lead country for this sector, focusing on the various forms of connectivity—trade, transport, digital, and people-to-people.

Why is BIMSTEC important to Bhutan?

BIMSTEC assigns Bhutan to take lead role in the environment and climate change sector. Bhutan has been assigned to take the lead role in the environment and climate change sector among the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) member states.

What does BIMSTEC mean?

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation ( BIMSTEC) is an international organisation of seven South Asian and Southeast Asian nations, housing 1.73 billion people and having a combined gross domestic product of $3.8 trillion (2021).

Why is India not a member of BIMSTEC?

Neglect by member states: It seems that India has used BIMSTEC only when it fails to work through SAARC in the regional setting and other major members like Thailand and Myanmar are focused more towards ASEAN than BIMSTEC.

What is |state=expanded in BIMSTEC?

|state=expanded: { {BIMSTEC|state=expanded}} to show the template expanded, i.e., fully visible If the |state= parameter in the template on this page is not set, the template’s initial visibility is taken from the |default= parameter in the Collapsible option template. For the template on this page, that currently evaluates to autocollapse .

Which countries are part of BIMSTEC?

The BIMSTEC member states – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand – are among the countries dependent on the Bay of Bengal . Fourteen priority sectors of cooperation have been identified and several BIMSTEC centres have been established to focus on those sectors.

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