Q. Consider the following statements in respect of BIMSTEC:
  1. It is a regional organization consisting of seven member States till January 2025.
  2. It came into existence with the signing of the Dhaka Declaration, 1999.
  3. Bangladesh, India, Sri Lanka, Thailand and Nepal are founding member States of BIMSTEC.
  4. In BIMSTEC, the subsector of 'tourism' is being led by India.
Which of the statements given above is/are correct? (UPSC Prelims 2025)

Answer: I only
Notes: The correct answer is [D] I only. BIMSTEC (Bay Economic Strategy for Multi-Sectoral Technical and Economic Cooperation) is a unique sub-regional platform connecting South Asia and Southeast Asia.Historically, BIMSTEC has gained strategic importance as a bridge between the "Look West" policies of ASEAN countries and the "Act East" policy of India, especially as SAARC remained largely inactive.