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Mahesh

29/03/22 12:40 PM IST

BIMSTEC (Bay of Bengal Multi-Sectoral Technical and Economic Cooperation)

In News
  • 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.
About BIMSTEC 

  • The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional multilateral organisation.
  • Its members lie in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity.
  • Out of the 7 members, Five are from South Asia Two are from Southeast Asia.
  • BIMSTEC not only connects South and Southeast Asia, but also the ecologies of the Great Himalayas and the Bay of Bengal.
  • It mainly aims to create an enabling environment for rapid economic development; accelerate social progress; and promote collaboration on matters of common interest in the region.
Source- PIB 

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