What is BIMSTEC?

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.

 

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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