2018
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Detailed explanation-1: -Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) comprising Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, Thailand brings together 1.5 billion people – 21% of the world population, and a combined GDP of over US$ 2.5 trillion. 2.
Detailed explanation-2: -They are Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. BIMSTEC, thus, can be seen as a unique link between ASEAN and SAARC. Initially, the economic bloc was formed with four Member States with the acronym ‘BIST-EC’ (Bangladesh, India, Sri Lanka and Thailand Economic Cooperation).
Detailed explanation-3: -UPSC Mains. Q. Which country is the host of the ‘BIMSTEC Summit’ in 2022? Notes: The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit is hosted by Sri Lanka in 2022.