Which of the following statements regarding the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) are correct?
- It was established in 1997 through the Bangkok Declaration.Answer
- BIts permanent secretariat is located in Kathmandu, Nepal.
- The chairmanship of BIMSTEC rotates among member states based on alphabetical order.Answer
- DAll member states of BIMSTEC belong geographically to the South Asian region.
Answer
The correct statements are that BIMSTEC was established in 1997 through the Bangkok Declaration and its chairmanship rotates among member states in alphabetical order.
BIMSTEC was established through the Bangkok Declaration on June 6, 1997, initially as BIST-EC. Furthermore, the organization follows an alphabetical rotation mechanism for determining its chairmanship among its seven member nations.
Step-by-Step Solution
Key Concept
Founding treaty, headquarters, leadership rotation, and inter-regional membership of BIMSTEC