The visit of Bhutan King Jigme Khesar Namgyel to India from April 3- 5 will further strengthen the close bilateral partnership, including economic and development cooperation between the two nations.
India has consistently been Bhutan’s top trading partner and remains the leading source of investments in Bhutan. In November 2021, the Indian government formalised the opening of seven new trade routes for Bhutan’s bilateral and transit trade with India, new market access was provided for allowing the formal export of 12 agri-products from Bhutan to India, and various special exceptions/ quotas for export are also provided.
India has been extending economic assistance to Bhutan’s socio-economic development since the early 1960s when Bhutan launched its Five Year Plans.
For the 12th Five Year Plan, India assisted Bhutan with Rs 4500 crore for various multi-sectoral project-tied assistance, small development projects, Direct Budgetary Support, etc.
India and Bhutan enjoy unique ties of friendship and cooperation, which are characterized by understanding and mutual trust.
Mutually beneficial hydro-power cooperation with Bhutan forms the core of bilateral economic cooperation.
India has been extending economic assistance to Bhutan’s socio-economic development since the early 1960s when Bhutan launched its Five Year Plans.
For the 12th Five Year Plan, India assisted Bhutan with Rs 4500 crore for various multi-sectoral project-tied assistance, small development projects, Direct Budgetary Support, etc.
India and Bhutan enjoy unique ties of friendship and cooperation, which are characterized by understanding and mutual trust.
Mutually beneficial hydro-power cooperation with Bhutan forms the core of bilateral economic cooperation.
India has been extending economic assistance to Bhutan’s socio-economic development since the early 1960s when Bhutan launched its Five Year Plans.
For the 12th Five Year Plan, India assisted Bhutan with Rs 4500 crore for various multi-sectoral project-tied assistance, small development projects, Direct Budgetary Support, etc.
India and Bhutan enjoy unique ties of friendship and cooperation, which are characterized by understanding and mutual trust.
Mutually beneficial hydro-power cooperation with Bhutan forms the core of bilateral economic cooperation. (Business Standard)