Bay Of Bengal Initiative For Multi-Sectoral Technical And Economic Cooperation
Consider the following statements with reference to the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC):
- The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of six nations of South Asia and South East Asia.
- The organization functions as per the founding principles of BIMSTEC as laid down in the Bangkok Declaration of 6 June 1997 and directions given by the Leaders of the Member States.
Which of the statement(s) given above is/are correct?
Both 1 and 2
Neither 1 nor 2