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BIMSTEC

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of seven South Asian and Southeast Asian nations, housing 1.73 billion people and having a combined gross domestic product of US$5.2 trillion (2023). The BIMSTEC member states ??? Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand ??? are among the countries dependent on the Bay of Bengal. Fourteen priority sectors of cooperation have been identified and several BIMSTEC centres have been established to focus on those sectors. A BIMSTEC free trade agreement is under negotiation (c. 2018), referred to as similar to SAARC. Leadership is rotated in alphabetical order of country names. The permanent secretariat is in Dhaka, Bangladesh. Background On 6 June 1997, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India...

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