With reference to the Bay of Bengal Initiative for Multi-Sectoral Tech...
BIMSTEC: Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
BIMSTEC is a regional organization comprising seven member countries that are located around the Bay of Bengal. The member countries are Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. It was established on June 6, 1997, through the Bangkok Declaration, which was signed by the foreign ministers of the member countries.
Statement 1: It was established by signing the Bangkok Declaration.
The statement is correct. BIMSTEC was established through the Bangkok Declaration, which was signed by the foreign ministers of the member countries on June 6, 1997, in Bangkok, Thailand. The declaration aimed to promote regional cooperation in various sectors such as trade, investment, technology, energy, tourism, fisheries, agriculture, and human resource development.
Statement 2: All member countries of this organization share a border with the Bay of Bengal.
The statement is incorrect. Although BIMSTEC is a regional organization comprising countries located around the Bay of Bengal, not all member countries share a border with it. Bhutan and Nepal are landlocked countries and do not have a direct access to the Bay of Bengal. However, they are part of the organization because of their strategic location and their potential to contribute to the regional development.
Conclusion
In conclusion, the correct statement is option A, i.e., only statement 1 is correct. BIMSTEC is a regional organization comprising seven member countries located around the Bay of Bengal, which was established through the Bangkok Declaration in 1997. Although not all member countries share a border with the Bay of Bengal, they are part of the organization because of their strategic location and their potential to contribute to the regional development.
With reference to the Bay of Bengal Initiative for Multi-Sectoral Tech...
Recently, the Minister of State for External Affairs participated in the 19th The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Ministerial Meeting virtually from Bangkok.
- It is a regional organization that was established on 06 June 1997 with the signing of the Bangkok Declaration.
- Member countries: Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal.
- The Chairmanship of BIMSTEC rotates according to the alphabetical order of the English names of the Member States.
- During the Third BIMSTEC Summit, the Secretariat was established in Dhaka, Bangladesh.
- All member countries of this organization do not share a border with the Bay of Bengal.
Hence only statement 1 is correct.
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.