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

Bhutan and Nepal will resume talks

Bhutan and Nepal will resume talks on the issue of the people in the camps in Nepal, said Lyonchhoen Jigmi Y Thinley at Paro airport yesterday. Lyonchhoen was returning after a six-day trip to Nepal and Afghanistan. He visited the two countries in his capacity as the current chairperson of SAARC.

Talks between Bhutan and Nepal on the issue of the people in the camps were suspended in 2003, when members of the Bhutanese joint verification team were attacked by a mob at one of the camps located in eastern Nepal. Until then, 15 ministerial-level talks had been held.

While in Nepal, Lyonchhoen also insisted that the Nepalese government work on the compensation for the Tara Air crash victims’ families. Eighteen Bhutanese were killed, when their plane crashed in Nepal last December.

Lyonchhoen and the Nepalese prime minister, Jhala Nath Khanal, discussed strengthening and deepening relations between the two countries. They agreed to renew a trade agreement to boost bilateral trade. They also agreed to renew and revise a bilateral air services agreement, which could see national airline Drukair operating between Bagdogra, India and Kathmandu, Nepal.

As the current chairperson of SAARC, Lyonchhoen was following up on the implementation of measures reached during the 16th SAARC summit here in Thimphu.

During the three-day visit to Afghanistan, Lyonchhoen met with President Hamid Karzai and with First Vice President Marshall Mohammad Qasim Fahim and Second Vice President Mohammad Karim Khalili.

He said that President Karzai’s trip to Bhutan and his visit to Kabul have enabled the two countries to strengthen and deepen bilateral relations, have a deeper understanding of each other, to work together.

The prime minister was accompanied by the economic affairs minister and minister-in-charge of foreign affairs, Khandu Wangchuk, ambassador of Bhutan to Nepal and officials from the prime minister’s office and foreign ministry.

He described the visit as one that “was committed to deepen and strengthen relations of Bhutan with both Nepal and Afghanistan.”

Source: Kuenselonline

The 19 seater 1900D Buddha Air to Operate from July

Bhutanese wanting to fly from Paro to Kathmandu in Nepal and back will soon have an option of taking another airline besides the National Airline, Drukair.

The 19 seater 1900D Buddha Air, a privately operated airline based in Nepal, made a test flight to Paro earlier today.

According to the Director of the Department of Civil Aviation, Phala Dorji, the bilateral air service agreement with Nepal is already in place and the airline will start operating from the 26th July this year.

The airline will operate 2 flights per week, with further plans to go daily. The airline has already operated the Paro-Kathmandu sector in 2002 for Drukair. They conducted about 70 flights in 2002, when the Drukair was carrying out aircraft maintenance.

When asked about the air fare, the Chief Engineer of the Buddha Air, Megah Thapa, said it will be very competitive. “Right now we haven’t fixed the air fare but it will be competitive price,” he said.

“We thought that Bhutan would be a best place to start the international flight, as both are mountainous countries and we will be joining the two cities Kathmandu and Paro,” he added.

Currently, the airline connects nine destinations in Nepal.

Source: BBS