On 6 June, 2017, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) completed 20 years of its establishment. Comprising of Bangladesh, India, Myanmar, Sri Lanka, Thailand, Nepal and Bhutan, BIMSTEC is home to 1.5 billion people, accounting for approximately 21% of the world population, and a combined GDP of US$ 2.5 trillion.
Key Information
The Initiative
Initially known as the Bangladesh-India-Sri Lanka-Thailand Economic Cooperation (BIST-EC), it was formed after representatives from the aforesaid four countries met at Bangkok in June 1997. With Myanmar joining the grouping as a full member in December the same year, ....
