6th BIMSTEC Summit
The Indian Prime Minister participated in the 6th BIMSTEC Summit, hosted by Thailand under its chairmanship
Key Initiatives Announced by India
BIMSTEC Centres of Excellence.
BODHI Program: India introduced BODHI Program (BIMSTEC for Organized Development of Human Resource Infrastructure) for skill development, providing training, scholarships, and capacity-building for various professionals across BIMSTEC nations.
About BIMSTEC
BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is a regional organization comprising 7 member states as Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.
It aims to foster multifaceted technical and economic cooperation among countries in the Bay of Bengal region.
It was founded in 1997 with the adoption of the Bangkok Declaration.
Initially comprising 4 members, it was known as BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation). In 1977, Myanmar joined, and the grouping was renamed BIMST-EC.
With the inclusion of Nepal and Bhutan in 2004, the name was further changed to BIMSTEC.