You are here: News and Events » News
New Agreement on Trade, Commerce, and Transit between India and Bhutan Comes into Force
29 July 2017
A statement by India's Ministry of Commerce announced enforcement of the new Agreement on Trade, Commerce, and Transit between India and Bhutan beginning 29 July 2017. The Agreement, which governs India-Bhutan relations, is expected to further strengthen bilateral trade.
The Agreement provides for a free trade regime between the territories of India and Bhutan, and allows duty free transit of Bhutanese goods for trade with third countries.
During the signing on 12 November 2016, India and Bhutan decided to implement the Agreement on a mutually decided date, extending the previous Agreement for one year.
Related Links:
This Asian Development Blog article explores how enhancing multimodal transport, standardization, and digital integration can...
Mr. Sheikh Bashir Uddin, Advisor to the Ministry of Commerce of Bangladesh, emphasized the importance of boosting efficiency and...
This Asian Development Blog article explores the role of economic corridor development in South Asia, highlighting...
The planned Dodhara Chandani dry port will help boost connectivity of Nepal's far-western region. Set to become Nepal's...
India and Nepal have finalized a new agreement for five transmission lines, covering construction, upgrades, and investment modalities....
The India-Nepal Inter-Governmental Committee (IGC) on Trade, Transit, and Cooperation to Combat Unauthorized Trade convened in Kathmandu, Nepal,...
Maldives and Sri Lanka are strengthening their economic ties by undertaking a series of strategic collaborations aimed at...