At which BIMSTEC Summit was the agreement to set up the Technology Transfer Facility in Colombo signed?
- (a)Third Summit
- (b)Fourth Summit
- (c)Fifth Summit
- (d)Sixth Summit
Answer
Why
Correct — C. The Memorandum of Association for the BIMSTEC Technology Transfer Facility (TTF) was signed by the member countries at the 5th BIMSTEC Summit, held at Colombo, Sri Lanka, on 30 March 2022.
That is how PIB's release on India's Cabinet approval of the MoA records it. Fifth Summit → option (c).
Why the others are wrong
- (a)Third Summit — The third summit met at Nay Pyi Taw, Myanmar, in March 2014, eight years before the TTF agreement was signed at Colombo.
- (b)Fourth Summit — The fourth summit was held at Kathmandu, Nepal, in August 2018. The TTF agreement came at the next summit, in Colombo in 2022.
- (d)Sixth Summit — The sixth summit met at Bangkok in April 2025, three years after the TTF agreement had been signed at the fifth.
Concept
BIMSTEC, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, has seven members: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.
The fifth summit, hosted by Sri Lanka in virtual format on 30 March 2022, adopted the BIMSTEC Charter. The TTF agreement signed there set up a facility in Colombo to coordinate technology transfer among member states.
Sri Lanka, which hosts the facility, also leads BIMSTEC's science, technology and innovation sector.
Key facts
- The BIMSTEC Technology Transfer Facility MoA was signed at the 5th BIMSTEC Summit, Colombo, 30 March 2022.
- The 5th Summit was held virtually, hosted by Sri Lanka, and adopted the BIMSTEC Charter.
- BIMSTEC has seven members: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.
- The 6th BIMSTEC Summit was held in Bangkok in April 2025.
Study next
Common traps
- Choosing the sixth summit because it is the most recent. The TTF agreement dates from the fifth, in 2022.
Here a regional grouping is tested through the summit at which one agreement was signed.
Related PYQs
No directly related past PYQ was found.