Consider the following statements in respect of BIMSTEC:
I. It is a regional organization consisting of seven member States till January 2025.
II. It came into existence with the signing of the Dhaka Declaration, 1999.
III. Bangladesh, India, Sri Lanka, Thailand, and Nepal are founding member States of BIMSTEC.
IV. In BIMSTEC, the subsector of ‘tourism’ is being led by India.
Which of the statements given above is/are correct?
Answer:
(d)
Moderate
Newspaper/CA
CA
Statement I is correct. As of January 2025, BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) consists of seven member states: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. Statement II is not correct. BIMSTEC was established on 6 June 1997 through the Bangkok Declaration, not the Dhaka Declaration of 1999. Statement III is not correct. The founding members of BIMSTEC were Bangladesh, India, Sri Lanka, and Thailand. Nepal and Bhutan joined later in 2004. Statement IV is not correct. In BIMSTEC, the sector of tourism is led by Nepal, not India.