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Monday
December 2021
11:53 AM IST
News Headlines
BWF World Tour Finals: Lakshya Sen collapses in semi-final against Viktor Axelsen        Multiply an IVF-tech startup launches is its AI-based platform that will replace conventional processes in IVF clinics        At least 31 people killed by terrorists' attack on bus in Mali        Former chief minister of undivided Andhra Pradesh Konijeti Rosaiah dies at 88        1,495 teachers in Kerala schools yet to get vaccinated        Fourth case of Omicron in India, 33-year-old Maharashtra man tests positive for new COVID-19 variant        Actor Brahma Mishra found dead at his residence in Mumbai        “Comeback King"-A short-film by KKR on Sunil Narine’s incredible journey as a cricketer        Honda sets up battery sharing service subsidiary in India        Record low birth rates in China        No travel bans imposed by India for Omicron: MEA        CPI(M) local leader hacked to death        Two confirmed cases of Omicron detected in Karnataka        BWF World Tour Finals: Sindhu makes winning start; Lakshya also through        Depositors of PMC Bank to get pre-Covid interest rate        Vaccinated California man first in US to test positive for Omicron        Kerala determined to prevent new HIV infections by 2025, says CM Pinarayi Vijayan        Doctors can’t be always blamed for negligence in deaths, says Supreme Court        Tourist inflow in J&K hit 7-year high in November: Govt        isl: Odisha come from behind to beat SC East Bengal in 10-goal thriller        
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Business News
India-Bhutan to have 7 additional entry/exit points for trade
 
New Delhi, A Commerce Secretary level meeting held between India and Bhutan on trade and transit issues on Wednesday decided operationalize seven additional entry/exit points for trade between the two countries.
This will form an addendum to the Protocol of 2016 India-Bhutan agreement on trade, commerce and transit and facilitate India-Bhutan bilateral trade for mutual advantage. Trade between India and Bhutan has more than doubled from USD 484 million in 2014-15 to USD 1083 million in 2020-21.

Extensive discussions were held on the current trade and transit issues by the Indian delegation which was led by BVR Subrahmanyam, Secretary, Ministry of Commerce and Industry and the Bhutanese delegation led by Dasho Karma Tshering, Secretary, Ministry of Economic Affairs, Government of Bhutan. The parleys included measures to further strengthen bilateral trade relations and issues of mutual interest and on ways to increase trade connectivity between the two countries.

Seven additional entry/exit points for trade between India and Bhutan were formalised through Letters of Exchange (LOE) which are the Nagarkata land customs station without commodity restriction, Agartala land customs station as an entry/exit point and Pandu port (Guwahati steamer ghat) as an entry /exit point, subject to cross border control at Dhubri. The Jogighopa port as an entry/exit point would be subject to cross border control at Dhubri, while the Asian Highway 48 connecting Torsha tea garden in India and Ahllay in Bhutan will serve as an additional route corresponding to the land custom station at Jaigaon. The others are the Kamardwisa entry/exit point and Birpara entry/exit point.


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