Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation

BIMSTEC Bay of Bengal Initiative or for Multi- Sectoral Technical and Economic Cooperation ( BIST -EC until July 2004 or Bangladesh, India, Sri Lanka, Thailand Economic Cooperation), is a regional organization of the seven past of Bengal on the Gulf States.

It is thus possible to achieve a closer cooperation between South Asia and Southeast Asia. The goal is a free trade area for goods destined to 2017. It also plans to mechanisms for peaceful conflict resolution will be developed.

It was founded in June 1997 as a BIST -EC.

Members

  • Bangladesh
  • Bhutan ( since 2004)
  • India
  • Myanmar ( since 1997)
  • Nepal (since 2004)
  • Sri Lanka
  • Thailand
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