New India-Bhutan Trade, Commerce, and Transit Agreement Approved by Indian Cabinet

27 October 2016

A new Agreement on Trade, Commerce, and Transit between India and Bhutan, enabling a free trade regime between the two countries, and providing for duty-free transit of Bhutanese merchandise for trade with third countries, has been approved by the Cabinet of India, in a meeting chaired by India Prime Minister Narendra Modi.

The Agreement—to serve as framework for India-Bhutan bilateral trade relations—will further strengthen the relationship between the two countries. It will enter into force upon exchange of diplomatic notes by the two Governments. The last Agreement, renewed in July 2006 for a period of 10 years, was extended on 29 July 2016 for a period of one year or until a new agreement is implemented.

 

Related Links:

A Letter of Exchange for the revision of the Railway Service Agreement between Nepal and India was submitted...

Read More


India’s Ministry of External Affairs has directed states that share borders with Bangladesh to make vaccination for truckers...

Read More


Bhutan’s Houses of Parliament, the National Council (Upper House) and the National Assembly (Lower House), have passed the...

Read More


Bangladesh will import around 700 megawatts (MW) of hydropower from Nepal to meet its future electricity demand, according...

Read More


Bangladesh is looking to produce resort wear and leisure apparel for Maldives. Mr. Faruque Hassan, President of the...

Read More


The Bangladesh Roads and Highways Department ...

Read More


Import of goods from India to Bangladesh by trains have seen a significant rise during the coronavirus pandemic....

Read More