Q: 46 (CDS-I/2008)

Consider the following statements
1. BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is visualized as a bridging link between ASEAN and SAARC.
2. It was formerly known as the Bangkok Agreement.
Which of the statements given above is/are correct ?
question_subject: 
General Knowledge
question_year: 
2008
question_exam: 
CDS-I
stats: 
0,664,336,664,40,288,8