Bhutan and Nepal began talks in the capital Thimphu

Bhutan and Nepal began talks in the capital Thimphu today to draft a trade agreement between the two neighbouring countries.

Trade between Bhutan and Nepal has been growing steadily though there is no formal trade agreement.

In 2008, the volume of trade between the two countries is estimated at Nu.324 million. The next year it grew to Nu. 455 million and to Nu.625 million in 2010.

The two day meeting will draft the trade agreement, the protocol to the agreement, rules of origin, and the list of exportable items of the respective countries.

The Director of Department of Trade Sonam P Wangdi is leading the Bhutanese delegation. The Nepalese delegation is led by the Joint Secretary of the Ministry of Commerce and Supplies Toya Narayan Gyawali.

Source: BBS