Bay of Bengal Initiative for MultiSectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation involving a group of countries in South Asia and South East Asia. The member countries of this group are: Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal. Est 1997 as BIST-EC.
Six priority sectors of cooperation at 2nd Ministerial Meeting in Dhaka in 1998. Extended to 13 in 2005 (8th meeting)
- Trade and Investment, led by Bangladesh
- Transport and Communication, led by India
- Energy, led by Myanmar
- Tourism, led by India
- Technology, led by Sri Lanka
- Fisheries, led by Thailand
- Agriculture, led by Myanmar
- Public Health, led by Thailand
- Poverty Alleviation, led by Nepal
- Counter-Terrorism and Transnational Crime, led by India
- Environment and Natural Disaster Management, led by India
- Culture, led by Bhutan
- People to People contact, led by Thailand
Chairmanship is rotated. Members agreed to establish the BIMSTEC Free Trade Area Framework Agreement. Trade Negotiating Committee chaired by Thailand.
The 13th Ministerial Meeting chaired by Myanmar, which was held in Nay Pyi Taw, Myanmar on 22 January 2011.
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