The PHD Chamber of Commerce & Industry in association with Bhutan Chamber of Commerce & Industry is organizing India-Bhutan Buyers Sellers Meet in the Virtual Mode from November 16-18, 2021
India and Bhutan have had a long-standing cordial relationship based on goodwill and friendship, shared historical links and interests and close understanding and cooperation. In order to further strengthen this relation and promote a vivid range of business opportunities and trade windows that both the countries will benefit from, the PHD Chamber of Commerce & Industry in association with Bhutan Chamber of Commerce & Industry is organizing India-Bhutan Buyers Sellers Meet in the Virtual Mode from November 16-18, 2021.
Today India is Bhutan’s largest export market, the biggest source of its imports and one of the top foreign investors in the country
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 trade between both the countries is assured to go much higher. Growth in bilateral trade has been driven largely by the rapid economic growth and greater commercial integration between the two countries.
India also provides Bhutan transit facility through its territory to access sea ports for trading with rest of the world. Bhutan has been pivotal to two of India’s major foreign policies – the ‘Neighbourhood First Policy’ and the ‘Act-East Policy’. Bhutan cherish till today with slogan as “Bharat for Bhutan and Bhutan for Bharat”.
The Sectors for Buyers Sellers Meet are – Agriculture and food processing products; Dairy and Poultry products; Coffee, Tea and Spices; Pharmaceuticals products; Aayush Products; Textiles, Apparels and footwear; Toys, Games and sports goods; Paper, Plastics, Printing and Packaging; Wire, Cables and electrical equipment; Handicraft and gifts items; Tourism and Hospitality sectors; Packaged or mineral Water, etc.
Today India is Bhutan’s largest export market, the biggest source of its imports and one of the top foreign investors in the country. Through the virtue of such trade and business meets the key benefit will be a collective growth and an increased positive business sentiment across all the sectors.
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