The Fourth An­nual Bhutan – In­dia talks con­cludes

Bhutan Times - - Front Page - Biku Gu­rung/ Thim­phu

The fourth An­nual Bhutan- In­dia de­vel­op­ment co­op­er­a­tion talks were held on 2nd Septem­ber 2015 in New Delhi. The In­dian del­e­ga­tion was led by Ms. Su­jata Me­hta, Sec­re­tary (M&ER) and the Bhutanese del­e­ga­tion was led by For­eign Sec­re­tary, Tsh­er­ing Dorji.

The an­nual de­vel­op­ment co­op­er­a­tion talks are the um­brella mech­a­nism for dis­cussing Gov­ern­ment of In­dia’s bi­lat­eral de­vel­op­men­tal as­sis­tance to Bhutan. In­dia has com­mit­ted Rs. 2800 crore as Pro­ject Tied As­sis­tance (PTA), Rs. 850 crore for Pro­gramme Grant and Rs. 850 crore for Small De­vel­op­ment Projects (SDPs) for Bhutan’s 11th Five Year Plan (July 2013 to June 2018). A to­tal of 85 PTA projects and 485 SDPs have been broadly agreed for im­ple­men­ta­tion dur­ing the cur­rent Plan pe­riod.

With Bhutan’s 11th Five Year Plan en­ter­ing its third year, the two sides re­viewed the over­all progress of PTA projects and agreed to a repri­or­i­tized list of projects. The two sides also noted with sat­is­fac­tion the over­all progress of SDPs.

The Bhutanese side thanked the In­dian side for the steady and timely dis­burse­ment of funds and also high­lighted fund re­lease pri­or­i­ties for the next one year.

The two sides agreed to hold the next an­nual de­vel­op­ment co­op­er­a­tion talks in 2016 in Thim­phu on a mu­tu­ally agreed date.

The 4th An­nual Bhutan- In­dia de­vel­op­ment co­op­er­a­tion talks were suc­cess­fully held in a friendly at­mos­phere in keep­ing with the close part­ner­ship be­tween the two coun­tries.

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