Consider the following statements with reference to Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC): 1. Recently, the Ministry of Youth Affairs and Sports has hosted the first-ever BIMSTEC Youth Summit in Gandhinagar, Gujarat. 2. Its goal is to strengthen youth collaboration across regions and facilitate exchange of youth-led initiatives among BIMSTEC Member Countries. 3. It was established in the late twentieth century with the signing of the Bangkok Declaration. How many of the above statement is/are correct?
All three
Why in the News?
"India Hosts First-Ever BIMSTEC Youth Summit in Gandhinagar to Boost Regional Youth Collaboration”
Statement 1 is correct
The Ministry of Youth Affairs and Sports recently hosted the first-ever BIMSTEC Youth Summit in Gandhinagar, Gujarat. This event aimed to enhance youth collaboration among BIMSTEC nations, fostering dialogue and promoting youth-led initiatives across the region.
Statement 2 is correct
The summit’s objective is to strengthen youth cooperation within BIMSTEC countries by facilitating exchanges of youth-led initiatives. This fosters regional integration, cultural understanding, and joint problem-solving efforts to address common socio-economic challenges in the Bay of Bengal region.
Statement 3 is correct
BIMSTEC was established in 1997 through the Bangkok Declaration, making it a late 20th-century initiative. It aims to promote economic growth, social progress, and regional stability among its seven member countries in the Bay of Bengal region.
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