Politics

PM Modi meets Bhutan King; assures support to extend additional credit facility

India has consistently been Bhutan's top trading partner and remains the leading source of investments in Bhutan

April 4, 2023

PM Modi holds talks with Bhutan King; focus on bilateral ties, issues of national statements

On Tuesday Prime Minister Narendra Modi met the King of Bhutan Jigme Khesar Namgyel Wangchuck in Delhi. The King is on a visit to India from April 3- 5. Jigme Khesar Namgyel Wangchuck’s India visit comes at the invitation of President Droupadi Murmu.

India assured Bhutan of help to support its upcoming 13th five-year plan and also promised to extend an additional standby credit facility. India has consistently been Bhutan’s top trading partner and remains the leading source of investments in Bhutan.

Foreign Secretary Vinay Kwatra, while briefing about Prime Minister Narendra Modi’s meeting with visiting Bhutan King Jigme Khesar Namgyel Wangchuk earlier in the day, said in the meeting it was agreed that India would step up its support for Bhutan’s upcoming 13th five-year plan.

“India will work to extend an additional standby credit facility. We will work to shape long-term sustainable arrangements to export agricultural commodities from Bhutan. Also, work to develop long-term bilateral arrangements for assured supply of critical commodities like petroleum and coal,” Kwatra said.

During his meeting with the king of Bhutan, the Prime Minister reiterated to continue support for socio-economic reforms in Bhutan, the foreign secretary informed further.

“Bhutan King Jigme Khesar Namgyel Wangchuck is on a special visit to India. His ongoing visit was long in the planning and took forward the long exchanges between India and Bhutan,” Kwatra added.

[With Inputs from IANS]

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