India-Bhutan Strengthen Bilateral Ties
- 23 Mar 2024
On 22nd March, India and Bhutan deepen relations through a series of MoUs across multiple sectors during Indian PRIME Minister’s visit.
Key Points
- Diverse MoUs Exchange: Indian Prime Minister and Bhutan's PM Tobgay exchange MoUs on energy, trade, digital connectivity, space, and agriculture, underlining the diverse cooperation between the two nations.
- Key Rail Links Finalized: The two leaders finalize the MoU on rail links, including the Kokrajhar-Gelephu and Banarhat-Samtse routes, enhancing transportation infrastructure and connectivity.
- Enhancing Trade and Regulatory Cooperation: Agreements on petroleum supply, recognition of regulatory controls, and cooperation in energy efficiency aim to streamline trade and regulatory processes, reducing compliance costs and fostering ease of doing business.
- Strengthening People-to-People Ties: MoUs on sports, youth exchange, and cooperation in the field of medicines and pharmacopoeia underscore efforts to strengthen people-to-people linkages and enhance collaboration in various domains.
- Advancing Digital Connectivity: Renewal of the peering arrangement between NKN and DrukREN, along with space cooperation initiatives, highlights efforts to advance digital connectivity and collaboration in research and education.
- Cementing Trust and Understanding: The exchange of agreements reflects the enduring trust and understanding between India and Bhutan, characterized by long-standing exceptional ties at all levels.