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BIMSTEC Summit Video Lecture | IBPS PO Prelims & Mains Preparation - Bank Exams
FAQs on BIMSTEC Summit Video Lecture - IBPS PO Prelims & Mains Preparation - Bank Exams
| 1. What is BIMSTEC and what countries are involved in this organization? |  |
Ans.BIMSTEC stands for the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. It is a regional organization comprising seven countries: Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan, and Nepal. The organization aims to promote regional cooperation in various sectors including trade, technology, and cultural exchange.
| 2. What are the primary objectives of the BIMSTEC Summit? | |
Ans.The primary objectives of the BIMSTEC Summit include enhancing economic cooperation, fostering regional connectivity, promoting sustainable development, and addressing common challenges such as terrorism and climate change. The summit serves as a platform for member countries to discuss and strategize on these issues.
| 3. How often are BIMSTEC Summits held? | |
Ans.BIMSTEC Summits are held at least every two years, although the frequency can vary depending on the circumstances and needs of the member countries. These summits provide an opportunity for leaders to meet and discuss important regional matters.
| 4. What are some key areas of cooperation highlighted in BIMSTEC? | |
Ans.Key areas of cooperation in BIMSTEC include trade and investment, technology transfer, energy, tourism, environment, and disaster management. The organization aims to leverage the geographical proximity of its members to foster collaboration in these areas for mutual benefit.
| 5. How does BIMSTEC contribute to regional security? | |
Ans.BIMSTEC contributes to regional security by facilitating dialogue and collaboration among member countries on issues such as terrorism, organized crime, and disaster response. The organization promotes a collective approach to security challenges, enhancing stability and peace in the region.
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