MoUs and Agreements between India and Bhutan

MoUs and Agreements between India and Bhutan

MoUs with Bhutan:

  • India and Bhutan signed two Memorandums of Understanding (MoUs).
    The first MoU focuses on energy conservation and aims to enhance energy efficiency in Bhutan’s household sector with India’s assistance.
  • The second MoU is on the general supply of petroleum, oil, lubricants (POL) and related products from India to Bhutan, benefiting both countries with improved economic and commercial linkages, especially in the hydrocarbon sector.

Agreement on Food Safety:

  • An agreement was approved between Bhutan Food and Drug Authority (BFDA) and Food Safety and Standards Authority of India (FSSAI) regarding cooperation in food safety.
  • This agreement will facilitate trade between the two countries by ensuring compliance with food safety standards.

Metro Corridor Approvals in Delhi:

  • The Cabinet approved the construction of two metro corridors in Delhi: Inderlok – Indraprastha corridor and Lajpat Nagar – Saket G Block corridor, totaling 20.8km.
  • The corridors are expected to improve metro connectivity in the national capital.

MoU with UAE on IMEC:

  • The Cabinet gave ex-post facto approval to the Inter-Governmental Framework Agreement (IGFA) signed on cooperation for the empowerment and operation of the India-Middle East Europe Economic Corridor (IMEC) during PM Modi’s visit to the UAE.
  • The aim of the IGFA is to enhance bilateral relations and strengthen cooperation in Ports, Maritime, and Logistics sectors between India and the UAE.

Key Highlights:

  • These decisions were taken at a meeting chaired by Prime Minister Narendra Modi, possibly the last Cabinet meeting before the announcement of Lok Sabha elections.
  • The agreements and approvals reflect India’s commitment to strengthening ties with neighboring countries and improving infrastructure and trade relations.

This Post Has One Comment

Leave a Reply