Consider the following statements about the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation:
Which of the above statements is/are correct?
1 only
About BIMSTEC:
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organization involving a group of countries in South Asia and South East Asia , established in 1997. The BIMSTEC comprises of seven countries, Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.
The main objective of BIMSTEC is technological and economical cooperation among South Asian and South East Asian countries along the coast of the Bay of Bengal.
The headquarters of BIMSTEC is in Dhaka.
Unlike many other regional groupings, BIMSTEC is a sector-driven cooperative organization. These sectors are: trade, technology, energy, transport, tourism, fisheries, agriculture, public health, poverty alleviation, counter-terrorism, environment, culture, people to people contact and climate change
The Union Cabinet has given its approval for signing and ratification of the Bay of Bengal Initiative on Multi Sectoral Technical and Economic Cooperation (BIMSTEC) Convention on Mutual Legal Assistance in Criminal Matters.