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Which country hosted the BIMSTEC business summit in 2024?
India
Thailand
Bangladesh
Sri Lanka
India
India hosted the BIMSTEC Business Summit in New Delhi in 2024 to strengthen regional economic integration.
The BIMSTEC Business Summit 2024 was organized to foster closer trade ties and industrial cooperation among member states. It focused on exploring untapped economic potential and improving connectivity across the Bay of Bengal region. This event serves as a platform for policy dialogue between government leaders and the business community, aiming to address supply chain challenges and enhance regional supply chain resilience.
BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) was established on 6 June 1997 through the Bangkok Declaration. It serves as a vital bridge between South Asian and Southeast Asian nations, with member states including Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.
Event: BIMSTEC Business Summit 2024
Location: New Delhi, India
Membership: 7 countries comprising 21 percent of the world population
BIMSTEC Chairmanship: Bangladesh (2025-Present)
A is correct тАФ India hosted the BIMSTEC Business Summit in 2024 in New Delhi to promote multi-sectoral technical and economic cooperation.
Remember that BIMSTEC began as BIST-EC (Bangladesh, India, Sri Lanka, Thailand) before expanding; India's role as a major regional player often involves hosting significant sectoral summits.