BIMSTEC Summits CLAT Notes | EduRev

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The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation(BIMSTEC) is an international organisation of seven nations of South Asia and South East Asia, housing 1.5 billion people and having a combined gross domestic product of $2.5 trillion (2014).
Established: 6 June 1997 through the Bangkok Declaration.
Headquarters: Dhaka, Bangladesh.
Objectives: Technological and economical cooperation among south Asian and south East Asian countries along the coast of the Bay of Bengal.

The BIMSTEC member states:-
Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan,and Nepal,are among the countries dependent on the Bay of Bengal.

BIST-EC:-

  • On June 6, 1997, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation).
  • On 22 December 1997, Myanmar became a full member, resulting in the renaming of the grouping to BIMST-EC. In 1998, Nepal became an observer. In February 2004, Nepal and Bhutan became full members.
  • On July 31, 2004, in the first Summit the grouping was renamed as BIMSTEC or the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation.

Nation Member: 

Sr.
No.
Countries
Leader PositionHead of governmentHead of state
1
  Bangladesh
Prime minister
Sheikh Hasina ,
Abdul Hamid ,  President of Bangladesh
2


Prime Minister of Bangladesh

3
  Bhutan
Prime minister
Tshering Tobgay ,
Jigme Khesar Namgyel Wangchuck ,  King of Bhutan
4


Prime Minister of Bhutan

5
  India
Prime minister
Narendra Modi ,
Ram Nath Kovind ,  President of India
6


Prime Minister of India

7
  Myanmar
President
Htin Kyaw ,  President of Myanmar

8
Nepal
Prime minister
KP Oli ,
Bidhya Devi Bhandari ,  President of Nepal
9


Prime Minister of Nepal

10
  Sri Lanka
President
Ranil Wickremesinghe ,
Maithripala Sirisena ,  President of Sri Lanka
11


Prime Minister of Sri Lanka

12
  Thailand
Prime minister
Prayut Chan-o-cha ,  Prime Minister of Thailand
King  Vajiralongkorn  (Rama X),




King of Thailand

BIMSTEC Summits:-

No.DateHost countryHost city
1st
July 31, 2004
  Thailand
Bangkok
2nd
November 13, 2008
  India
New Delhi
3rd
March 4, 2014
  Myanmar
Nay Pyi Daw
4th
February 2, 2017
  Nepal
Kathmandu
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