Consider the following statements on the Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation (BIMSTEC) :1. BIMSTEC has seven members- Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.
2. BIMSTEC provides a link between South Asia and Southeast Asia by way of economic cooperation and linkages in identified areas of cooperation.
3. BIMSTEC was rechristened as BISTEC in the year 2014.
Select the correct answer using the code given below :