India, Bhutan sign 10 MoUs

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THIMPU: Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering held wide ranging talks on Saturday during which they discussed steps to further expand the bilateral partnership across several sectors as the two nations signed 10 MoUs to infuse new energy in their ties.
“We had a comprehensive meeting, where we deliberated on the relations between India and Bhutan. There is great scope to further improve economic and cultural ties between our nations,” Prime Minister Modi said. Modi, who is here on his second visit to Bhutan and the first since his re-election in May this year, inaugurated Mangdechhu hydroelectric power plant and also launched stamps to commemorate five decades of India-Bhutan hydropower cooperation.
“I am very happy to come to Bhutan at the beginning of my second term,” Modi said in a joint press statement after delegation-level talks with his Bhutanese counterpart at the historic Simtokha Dzong.
The two countries signed 10 Memorandum of Understandings in the field of space research, aviation, IT, power and education. Modi also launched RuPay Card in Bhutan by making a purchase at Simtokha Dzong, built in 1629 by Shabdrung Namgyal, which functions as a monastic and administrative centre and is one of the oldest dzongs in Bhutan. “I am very happy that today we have launched RuPay card in Bhutan. This will further enhance our relationship in digital payments, and trade and tourism. Our shared spiritual heritage and strong people-to-people relationship are key to our relations,” Prime Minister Modi said.
On his part, Prime Minister Tshering said India and Bhutan may vary in size but their beliefs, values and motivation are common. “On his (Modi) first visit to Bhutan, I remember him saying that Bhutan and India are close not because we have open borders, but because we have opened our hearts to each other. Your visit this time shows how much you meant it,” he said. (PTI)

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