bimstec full form

The bimstec full form is the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation.

B = Bay of Bengal

I = Initiative for

M = Multi

S = Sectoral

T = Technical and

E = Economic

C = Cooperation

  • Regional multilateral organisation, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation is BIMSTEC.
  • Its members are located in the Bay of Bengal’s littoral and nearby areas, constituting a contiguous regional unity. Of the seven members, Five of them are from South Asia.
  1. Bangladesh
  2. India
  3. Bhutan
  4. Sri Lanka
  5. Nepal
  • Two of them are from Southeast Asia.
    1. Thailand
    2. Myanmar
  • BIMSTEC connects South and Southeast Asia as well as the ecologies of South Asia and the Bay of Bengal.
  • Its main goals are to promote cooperation on matters of mutual interest within the region, create an environment that encourages rapid economic development and accelerate social progress.
  • The 1997 creation of the sub-regional organisation was the catalyst for this Bangkok Declaration.
  • It was initially formed by four Member States bearing the acronymBISTEC(Bangladesh Economic Cooperation, India, Sri-Lanka, Sri-Lanka, and Thailand Economic Cooperation).
  • It was renamedBIMSTECIn 1997, after the inclusion of Myanmar.
  • The grouping’s name was changed to the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation in 2004 after the addition of Bhutan and Nepal.

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