What is BIMSTEC?

CalendarToday
timer
1 min read
What is BIMSTEC? Blog Image

Overview:

Recently, a meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Joint Working Group on Counter Terrorism and Transnational Crime was hosted by the Government of India in New Delhi.

Why in News?

  • The meeting discussed traditional and emerging non-traditional security threats in the BIMSTEC region.
  • The working group on counter-terror deals with a few key realms of policy. These include 
  • Intelligence Sharing 
  • Legal and Law Enforcement  
  • Countering Radicalization and Terrorism 
  • Anti- Money Laundering and Combating the Financing of Terrorism 
  • Human Trafficking 
  • Narcotic Drugs, Psychotropic Substances and Precursor Chemicals,

Key facts about BIMSTEC?

  • The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation is a regional grouping started in 1997.
  • Member countries: Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal
  • This group was launched by signing the Bangkok Declaration.

 


Q1) Where is BIMSTEC’S permanent secretariat?

It is located at Dhaka which was opened in 2014 and India contributes 32% of its expenditure

Source: All India Radio