In a positive response to requests from the Bhutanese government, India made special trade concessions to export wheat and sugar to the country, the Indian embassy in Bhutan said. “At the request of the Royal Government of Bhutan, the Government of India has made additional trade concessions to Bhutan. As a special gesture, India has authorized the export of wheat and sugar to Bhutan as requested by Bhutan. , 5,000 tons of wheat and 10,000 tons of sugar are imported by Bhutan Food Corporation of Bhutan Limited and other major industries in Bhutan.
Previously, India lifted restrictions on imports of only potatoes from Bhutan, allowed the import of fully manufactured fresh ginger from Bhutan, and introduced nano-urea/nano-nitrogen fertilizer (liquid) to Bhutan at special preferential prices. supply, and delivery of coal to Bhutan. Despite the challenges posed by the Covid-19 pandemic and disruptions to global supply chains, India has provided Bhutan with the broadest cooperation and assistance to ensure the smooth movement of goods during this period.
Earlier this year, due to sudden changes in global markets affecting the price and availability of wheat and sugar, the Indian government restricted exports of these two commodities in order to bolster India’s food security. In keeping with its special and friendly relationship with Bhutan, the Indian government has responded positively to the demands for wheat and sugar from the Royal Government of Bhutan.
“Our close trade and economic ties reflect the very close and friendly relationship between India and Bhutan that has lasted for decades. , India has decided to accommodate Bhutan’s special demands, despite disruptions in global supply chains and shortages of various raw materials,” she added. The embassy added that the Indian government and people are committed to the long-term well-being and prosperity of the Bhutanese government and people.
The ambassador-level relationship began in 1978 when the resident was upgraded to an embassy. The basis of bilateral relations between India and Bhutan is the Indo-Bhutan Treaty of 1949, which provides, among other things, “lasting peace and friendship, free trade and commerce, and equal justice to each other’s citizens.” increase. This relationship becomes even more important as her four states of India – Arunachal Pradesh, Assam, Sikkim and West Bengal – share a 699km border with Bhutan.
India and Bhutan share a unique and proven bilateral relationship characterized by utmost trust, goodwill and mutual understanding. Relations with Bhutan are relatively friendly and amicable compared to other bilateral relations among India’s neighbors. Diplomatic relations between the two countries were officially established in 1968 with the appointment of an Indian representative to Thimphu, the capital of Bhutan. India House (Indian Embassy in Bhutan) was inaugurated on 14th May 1968 and changed resident representatives in 1971.