India-Bhutan Commerce Secretary Level
meeting held on Trade and Transit Issues in New Delhi on 3 Nov
·
India-Bhutan to have Seven Additional Entry/Exit Points for Trade
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Since 2014, trade between India and Bhutan has more than doubled
from USD 484 million in 2014-15 to USD 1083 million in 2020-21
The Commerce Secretary Level meeting was held
between India and Bhutan on trade and transit issues, on 3 November 2021.
The Indian delegation was
led by B.V.R. Subrahmanyam, Secretary, Department of
Commerce, Ministry of Commerce and Industry, Government
of India and the Bhutanese delegation was led by H.E. Dasho
Karma Tshering, Secretary, Ministry of Economic
Affairs, Royal Government of Bhutan.
The two sides held extensive discussions on
the current trade and transit issues including measures to further strengthen
bilateral trade relations and issues of mutual interest, on ways to increase
trade connectivity between the two countries. Through Letters of Exchange
(LOE), the following seven additional entry/exit points for trade between India
and Bhutan were formalized:-
1. Nagarkata Land Customs Station without
commodity restriction.
2. Agartala Land Customs Station as an entry
/exit point.
3. Pandu port (Guwahati Steamerghat) as
an entry /exit point, subject to cross border control at Dhubri.
4. Jogighopa port as an entry/exit point,
subject to cross border control at Dhubri.
5. Asian Highway 48 connecting Torsha Tea
Garden in India and Ahllay in Bhutan as an additional
route corresponding to the Land Custom Station at Jaigaon.
6. Kamardwisa as an entry/exit point.
7. Birpara as an entry/exit point.
This will form an addendum to the Protocol of
2016 India-Bhutan Agreement on Trade, Commerce and Transit. This will
facilitate India-Bhutan bilateral trade to our mutual advantage.
Since 2014, trade between India and Bhutan has
more than doubled from USD 484 million in 2014-15 to USD 1083 million in
2020-21.