Current Affairs

4th BIMSTEC Summit to be Held in Kathmandu, Nepal in August 2018

The fourth edition of Bay of Bengal Initiatives for Multi-Sectoral, Technical and Economic Cooperation (BIMSTEC) will be held in Kathmandu, capital city of Nepal from 30 to 31 August, 2018.
BIMSTEC
  • Nepal is the current chair of BIMSTEC.
  • The main focus of the summit will be to increase connectivity between BIMSTEC nations including roads, airways and transmission lines.
  • It will also give top priority connectivity and will work towards poverty alleviation.

About the Bay of Bengal Initiatives for Multi-Sectoral, Technical and Economic Cooperation (BIMSTEC):

BIMSTEC is the sub-regional group of seven countries in South Asia and South East Asia lying in littoral and adjacent areas of Bay of Bengal constituting contiguous regional unity.
  • It was established on 6 June 1997 through the Bangkok Declaration. 
  • It is headquartered in Dhaka, Bangladesh.
  • It's member countries are: India, Nepal, Bangladesh, Bhutan, Sri Lanka from South Asia and Myanmar, Thailand from South East Asia.
  • BIMSTEC is a sector-driven cooperative organization, starting with six sectors including trade, technology, energy, transport, tourism and fisheries.
  • In 2008, it was expanded to embrace eight more sectors including agriculture, public health, poverty alleviation, counter-terrorism, environment, culture, people to people contact and climate change.
  • They are collectively home to around 1.5 billion people which constitute around 22% of global population.

Objective of BIMSTEC:

  • Technological and economic cooperation among south Asian and south East Asian countries along the coast of the Bay of Bengal.

Questions:

Q1. Where will the 4th BIMSTEC summit take place in 2018?

a. Kathmandu, Nepal
b. London, England
c. Hamburg, Germany
d. New Delhi, India

Q2. Where is BIMSTEC headquartered?

a. Sydney, Australia
b. Bangkok, Thailand
c. Beijing, China
d. Dhaka, Bangladesh 
4th BIMSTEC Summit to be Held in Kathmandu, Nepal in August 2018 4th BIMSTEC Summit to be Held in Kathmandu, Nepal in August 2018 Reviewed by Inderjeet Virdi on July 23, 2018 Rating: 5

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