Consider the following statements in respect of BIMSTEC:It is a regional organization consisting of

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Question

Consider the following statements in respect of BIMSTEC:It is a regional organization consisting of seven member States till January 2025.It came into existence with the signing of the Dhaka Declaration, 1999.Bangladesh, India, Sri Lanka, Thailand and Nepal are founding member States of BIMSTEC.In BIMSTEC, the subsector of 'tourism' is being led by India.Which of the statements given above is/are correct?

Accepted Answer

Correct Answer: D I onlyStep by step solution:This question examines factual knowledge about the origin, membership, and functional structure of BIMSTEC.Statement I: It is a regional organization consisting of seven member States till January 2025. This statement is correct. BIMSTEC consists of seven member countries, namely Bangladesh, India, Myanmar, Sri Lanka, Thailand, Nepal, and Bhutan. This composition has remained unchanged, making the statement accurate.Statement II: It came into existence with the signing of the Dhaka Declaration, 1999. This statement is incorrect. BIMSTEC was established through the Bangkok Declaration on 6 June 1997 as BIST-EC with four member countries. The Dhaka Declaration is associated with later summit-level developments and not with the founding of the organization.Statement III: Bangladesh, India, Sri Lanka, Thailand and Nepal are founding member States of BIMSTEC. This statement is incorrect. The founding members at the time of the Bangkok Declaration in 1997 were Bangladesh, India, Sri Lanka, and Thailand. Myanmar joined later in 1997, while Nepal and Bhutan became members only in 2004. Therefore, Nepal is not a founding member.Statement IV: In BIMSTEC, the subsector of tourism is being led by India. This statement is incorrect. In BIMSTEC, sectors and subsectors are allocated among member countries for coordination, and these allocations have undergone changes over time. As per the updated sectoral distribution framework, tourism is not led by India, making this statement incorrect.Why other options are incorrect:Option A: Incorrect because Statement II is incorrect.Option B: Incorrect because both Statement II and Statement III are incorrect.Option C: Incorrect because Statement IV is incorrect.Key Concept:BIMSTEC, the Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation, was established in 1997 through the Bangkok Declaration. It connects South Asia and Southeast Asia and currently has seven member countries. The organization focuses on multiple sectors of cooperation, with responsibilities distributed among member States. Nepal and Bhutan joined in 2004, expanding the grouping. BIMSTEC serves as an important regional platform for economic and strategic collaboration in the Bay of Bengal region.

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