{"id":56475,"date":"2018-09-08T08:28:28","date_gmt":"2018-09-08T08:28:28","guid":{"rendered":"https:\/\/www.edristi.in\/?p=56475"},"modified":"2018-09-08T08:28:28","modified_gmt":"2018-09-08T08:28:28","slug":"4th-bimstec-summit","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/4th-bimstec-summit\/","title":{"rendered":"4th BIMSTEC Summit"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question- Which of the following state is not a member of The Bey of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC)?<\/strong><br \/>\n<strong>(a) Bangladesh<\/strong><br \/>\n<strong>(b) Malaysia<\/strong><br \/>\n<strong>(c) Bhutan<\/strong><br \/>\n<strong>(d) India<\/strong><br \/>\n<strong>Answer. (b)<\/strong><br \/>\n<strong>Related Facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>The fourth summit of BIMSTEC (Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation) was held in <strong>Kathmandu, Nepal<\/strong> on <strong>August 30-31, 2018.<\/strong><\/li>\n<li>The theme of this two-day summit was <strong>\u201cTowards a Peaceful, Prosperous and Sustainable Bay of Bengal Region\u201d\u00a0<\/strong><\/li>\n<li>Recalling the Third BIMSTEC Summit Declaration (Nay Pyi Taw, <strong>4 March<\/strong> <strong>2014)<\/strong> and the BIMSTEC Leaders\u2019 Retreat Outcome Document (Goa, 16 October 2016).<\/li>\n<li>The fourth BIMSTEC summit was chaired by Nepal Prime Minister KP Sharma Oli.<\/li>\n<li>Prime Minister Narendra Modi led the Indian delegation to this summit.<\/li>\n<li>Other leaders who attended this summit are Sri Lankan President Maithripala Sirisena, Myanmar President U Win Myint, Bangladesh Prime Minister Sheikh Hasina, Thailand\u2019s Prime Minister Prayut Chan-o-cha and Bhutan\u2019s Chief Justice and Chief Advisor to interim government Dasho Tshering Wangchuk.<\/li>\n<li>Addressing the conference, Prime Minister said that India will host International Buddhist Conclave in August 2020 and invited all BIMSTEC member states to attend the event as guest of honour.<\/li>\n<li>He said that India will establish a &#8216;Center for Bay of Bengal Studies&#8217; at Nalanda University for research on arts, culture, maritime law and other subjects in the Bay of Bengal region.<\/li>\n<li>In this Summit, a MoU was also signed on establishing a BIMSTEC Grid Interconnection to enhance energy cooperation among BIMSTEC member countries.<\/li>\n<li>The next summit is proposed in Sri Lanka.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">The Declaration of the Fourth BIMSTEC Summit was released on August 31, 2018. Some of key points are as follows:<\/p>\n<ol style=\"text-align: justify;\">\n<li><strong>Commitment to the eradication poverty in the Bay of Bengal Region till year 2030.<\/strong><\/li>\n<li><strong>Expansion and modernization of development of highways, railways, waterways and air services in this area.<\/strong><\/li>\n<li><strong>Commitment to an early conclusion of BIMSTEC Free Trade Area (FTA) negotiations<\/strong><\/li>\n<li><strong>Welcome the offer of India to host a BIMSTEC Startup Conclave in December 2018, and encourage all Member States to participate in it.<\/strong><\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><strong>About BIMSTEC<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) comprising Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand brings together 1.5 billion people \u2013 21% of the world population.<\/li>\n<li>BIST-EC (Bangladesh, India, Sri Lanka, and Thailand &#8211; Economic Cooperation) was formed at a meeting in Jun 1997 in Bangkok.<\/li>\n<li>Myanmar was admitted in Dec 1997 and the organization was renamed as BIMST-EC.<\/li>\n<li>The grouping expanded when Nepal and Bhutan were admitted in Feb 2004.<\/li>\n<li>Currently it has seven members.<\/li>\n<li>There is approximately 22 percent of the world\u2019s population in these countries.<\/li>\n<li>BIMSTEC&#8217;s first summit was held in Thailand in July 2004.<\/li>\n<li>In 2014, BIMSTEC Secretariat was established in Dhaka (Bangladesh).<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Why BIMSTEC matters for India:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>BIMSTEC is like a bridge between South Asia and South East Asia.<\/li>\n<li>Myanmar is only south East Asian country India has boundary with.<\/li>\n<li>An India- Myanmar Thailand highway is one of the key projects in the government\u2019s Act East policy.<\/li>\n<li>With India- Pakistan tension coming in way of a smooth functioning of the SAARC, grouping such as BIMSTEC can take forward the concept of regional cooperation in a different manner.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:\u00a0 <\/strong><br \/>\n<a href=\"https:\/\/www.business-standard.com\/article\/pti-stories\/bimstec-nations-call-for-early-adoption-of-regional-transport-connectivity-master-plan-118083100580_1.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.business-standard.com\/article\/pti-stories\/bimstec-nations-call-for-early-adoption-of-regional-transport-connectivity-master-plan-118083100580_1.html<\/a><br \/>\n<a href=\"https:\/\/idsa.in\/idsacomments\/bimstec-at-20-hopes-and-apprehensions_skundu_200617\" target=\"_blank\" rel=\"noopener\">https:\/\/idsa.in\/idsacomments\/bimstec-at-20-hopes-and-apprehensions_skundu_200617<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question- Which of the following state is not a member of The Bey of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC)? (a) Bangladesh (b) Malaysia (c) Bhutan (d) India Answer. (b) Related Facts: The fourth summit of BIMSTEC (Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation) was held in Kathmandu, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":56476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1155],"tags":[2334],"class_list":["post-56475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conference","tag-conference"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/56475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=56475"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/56475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/56476"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=56475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=56475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=56475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}