Bangladesh, Bhutan emphasis more on trade, connectivity
April 20th, 2017 at 2:22 pm
Bangladesh, Bhutan emphasis more on trade, connectivity

Dhaka – Prime Minister Sheikh Hasina returned home Thursday warping up her three-day state visit to Bhutan.

Bangladesh and Bhutan signed eight deals during the visit besides her joining an international conference on autism in Thimphu.

The Prime Minister left Dhaka for Bhutan Tuesday in a state visit and joined the conference.

The next-door neighbours issued a joint statement at the end of the visit highlighting the discussions and agreements that the two countries have reached.

The visit is highly significant as it reinforced the tradition of regular high-level exchanges between the two countries and upholds the strengths friendship between Bangladesh and Bhutan, reads the statement.

Prime Minister Hasina and her Bhutanese counterpart TsheringTobgay discussed wide range of issues aiming at boosting the existing bilateral relations between Bangladesh and Bhutan.

They reaffirmed that relations between Bhutan and Bangladesh are based on friendly ties and reflective of their common aspiration for peace, collective prosperity and development of the region and beyond.

Bangladesh Bhutan

Bhutanese students studying in Bangladesh met Prime Minister Sheikh Hasina

Cooperation on issues of hydro-power, water resources, trade and commerce, connectivity, tourism, culture, education, health, ICT and agriculture featured in the discussion.

Bangladesh offered export more products such as garments, ceramics, pharmaceuticals, jute and allied products, leather goods, toiletries, agricultural produce to Bhutan while Bhutanese side agreed to facilitate entry of these products into its market.

They also agreed to further promote trade and investments between the two countries.

The two prime ministers witnessed the Bhutan and Bangladesh signed the Agreements and Memoranda of Understanding signed between the two countries.

The agreements are as follows:

i. Agreement between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh for Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect of Taxes on Income;

ii. Agreement on Cultural Cooperation between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh;

iii. Agreement between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh on Allotment of Land under HejoSamtenling Local Area Plan (Lap) for Construction of Bangladesh Embassy Premises in Bhutan;

iv. Deed for “Use Right” of Land under HejoSamtenling Local Area Plan(Lap) for Construction of Bangladesh Embassy Premises in Bhutan;

v. MoU between Bhutan Standards Bureau (BSB), Royal Government of Bhutan and Bangladesh Standards & Testing Institution (BSTI), Government of the People’s Republic of Bangladesh;

vi. MoU on Use of Inland Waterways for Transportation of Bilateral Trade and Transit Cargoes between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh;

vii. MoU between Royal University of Bhutan (RUB), Bhutan and Bangladesh Academy for Rural Development (BARD), Comilla, Bangladesh;

viii. MoU between Bhutan Agriculture and Food Regulatory Authority (BAFRA), Ministry of Agriculture and Forests, Royal Government of Bhutan and the Department of Agricultural Extension (DAE), Ministry of Agriculture, Government of the People’s Republic of Bangladesh.

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