India & Bhutan are together for progress and development, says Joint Statement on PM Modi's Bhutan visit
This is one of the key takeaways from the Joint Statement on Prime Minister Modi’s visit to Bhutan issued on Friday (March 22, 2024)
“We express satisfaction with the cooperation between our two countries related to our mutual security. We agree to continue with our close coordination and cooperation with each other on issues relating to our national interests,” the Joint Statement said.
The two sides also decided to pursue a “transformative partnership” while continuing their clean energy cooperation and strengthening trade and investment linkages.
Here are key takeaways from the Joint Statement
1. We will pursue a transformative partnership that advances our unique and special relations. This includes promoting connectivity in its broadest form physical connectivity through rail links, roads, air, waterways, trade infrastructure for seamless cross-border movement of goods and services, economic as well as digital connectivity.
2. Since Bhutan’s First Five Year Plan in 1961, India’s development partnership with Bhutan has been empowering the people and ensuring development across sectors and regions. Our development partnership is a confluence of India’s approach of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas’ and the philosophy of Gross National Happiness in Bhutan.
3. We will continue to expand our clean energy partnership in the sectors of hydropower, solar and green hydrogen and jointly develop new projects, which channel our technological prowess, vibrancy of the business sector, and skilled talent of both countries to enhance energy security in the region. In this regard, we welcome the Joint Vision Statement on India-Bhutan Energy Partnership.
4. Our joint endeavour will be to harness technologies for rapid economic growth and promoting the well-being of the two peoples. We will intensify our engagement in niche sectors of space technology, digital public infrastructure, start-ups, Artificial Intelligence, Clean Energy, STEM research and education and digital skills development.
5. We will strengthen trade and investment linkages with each other, particularly through the private sector, including in the context of His Majesty’s vision to develop the Gelephu Special Administrative Region, which will lead to greater economic connectivity in the region in a sustainable manner, promote economic partnerships and bring the people of Bharat and Bhutan closer.