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Bhutan PM Lotay Tshering holds delegation level talks with Modi

Bhutan PM Lotay Tshering holds delegation level talks with Modi

India Blooms News Service | @indiablooms | 28 Dec 2018, 10:38 pm

New Delhi, Dec 28 (IBNS): Bhutan Prime Minister Lotay Tshering, who is currently visiting India, held delegation level talks with Narendra Modi.

The Bhutan PM is accompanied by Tandi Dorji, Minister for Foreign Affairs, Loknath Sharma, Minister for Economic Affairs and senior officials from the Royal Government of Bhutan.

This is Tshering’s first overseas visit after assuming the office in November 2018.

The visit is taking place during the Golden Jubilee year of the establishment of formal diplomatic relations between India and Bhutan, and is in keeping with the tradition of regular high-level exchanges between the two countries.

The two Prime Ministers held detailed discussion on a wide range of bilateral and regional issues of mutual interest.

They expressed satisfaction at the excellent state of bilateral ties of friendship and cooperation, which are marked by utmost trust, mutual understanding, goodwill, respect for each other’s interests, and reinforced by robust people to people linkages and close economic and development partnership.

PM Modi stated that in line with Government of India’s ‘Neighbourhood First’ policy, India is firmly committed to partner Bhutan in its quest for development and economic prosperity based on the priorities of the people and the Royal Government of Bhutan.

He congratulated the people and the Royal Government of Bhutan for the successful implementation of the 11th Five Year Plan including development projects undertaken with GoI assistance.

Tshering thanked Modi for the invitation to visit India and for the warm reception accorded to him and his delegation.

He recalled the unique and historical ties of friendship and understanding that exist between the two countries and that he looked forward to working with the Government of India to further strengthen bilateral ties.

The two sides discussed the Government of India’s development assistance package for Bhutan’s 12th Five Year Plan for the period 1 November 2018 to 31 October 2023.

Modi conveyed that India will provide grant assistance of INR 4500 Crore towards Bhutan’s 12th Five Year Plan, and a transitional Trade Support Facility of INR 400 Crore over a period of five years to strengthen bilateral trade and economic linkages.

Bhutan PM Lotay Tshering holds delegation level talks with Modi

India Blooms News Service
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