Topic
bhutan
Trade Finance India, Bhutan Sign Two Agreements on Line of Credit, Health Education Cooperation During Misri's Visit
India and Bhutan signed two agreements during Foreign Secretary Vikram Misri's visit, including an Umbrella Line of Credit Agreement between the Royal Government of Bhutan and EXIM Bank of India operationalising a concessional Line of Credit of Rs 4,000 crore for energy projects. The second agreement was an MoU between AIIMS New Delhi and Khesar Gyalpo University of Medical Science of Bhutan on health education and training.
Trade Finance India, Bhutan Sign Rs 4,000-Crore Line of Credit Agreement at Development Talks
India and Bhutan signed a Rs 4,000-crore Line of Credit agreement during the fifth India-Bhutan Development Cooperation Talks, which reviewed projects under Bhutan's 13th Five-Year Plan. The talks also saw 45 electric vehicles handed over to Bhutan under green mobility initiatives, with India reaffirmed as Bhutan's largest development partner.
Trade Indian Government Denies Offering E20 Petrol Exports to Bhutan, Calls Reports Incorrect
The Indian Ministry of Petroleum and Natural Gas dismissed reports that Bhutan had refused to import E20 petrol from India, stating no such offer was ever made. The clarification followed allegations by the Congress party that Bhutan, Nepal, Bangladesh, and Sri Lanka had rejected India's ethanol-blended fuel. The government also defended the fuel's reliability, citing extensive testing by Indian institutions.