Busi­ness pro­posal ap­proved on the spot

Bhutan Times - - Home - Deki Lhadon

Dur­ing the two hours In­di­aBhutan Busi­ness Con­clave chief min­is­ter of West Ben­gal Ma­mata Ban­er­jee came out with more than five busi­ness pro­pos­als which were then ap­proved by eco­nomic af­fairs min­is­ter Norbu Wangchuk on the spot last Mon­day.

Ly­onpo Norbu Wangchuk also ad­dressed her as “Ma­mata didi” and said she is the role model of Bhutanese woman. He also added the coun­try is open to busi­ness and high­lighted Bhutan’s po­ten­tial in var­i­ous ar­eas.

The chief min­is­ter said that Bhutan and In­dia’s re­la­tion is noth­ing be­gin­ning the two coun­tries share re­la­tion of his­tor­i­cal, ge­o­graph­i­cal, eco­nomic, cul­ture and tra­di­tion. Bhutan should “con­sider West Ben­gal as your sweet home and West Ben­gal will be happy to be part­ner and work with Bhutanese broth­ers and sis­ter”. She also added “you have so many things in your hand and I have some­thing in my hand also” mean­ing that two coun­tries can go to­gether for each other’s prod­uct.

She rec­om­mend Bhutan to take ad­van­tages of green field air­port as a gate­way to other coun­tries which West Ben­gal gov­ern­ment has de­clared a 100% sale tax ex­emp­tion on avi­a­tion tur­bine fuel un­til 2021. She even asked Bhutan to ex­port dolomite and lime­stone to West Ben­gal which is the gate way for North East re­gion, so that Bhutan can get ad­van­tage to ex­plore busi­ness op­por­tu­ni­ties to Thai­land , Sin­ga­pore, Mal­dives, Malaysia and more over 10- 12 coun­tries.

The Chief Min­is­ter also said that two coun­tries will start busi­ness cor­ri­dor to­gether to give in­dus­trial, hor­ti­cul­ture, tourism and joint ven­ture fa­cil­i­ties. If both gov­ern­ments agree to work to­gether and to iden­tify the type of busi­ness set up. The she added only the speech will not work.

In the ends of her speech she said, “Mar­ket is ready, in­ten­tion is clear and trans­parency is there. The two coun­tries are very close friend let us take de­ci­sion to­day it­self”.

The pro­posal came from the man­u­fac­tures of graphite elec­trodes to set up com­pany in Bhutan by the rep­re­sen­ta­tive from Graphite In­dia. The rep­re­sen­ta­tive said all part of the prod­uct would be pro­duce in In­dia where as fin­ish­ing power in­ten­sive, could be done in Bhutan. Men­tion­ing, Bhutan has a source of elec­tric­ity which is cheaper.

Af­ter that the pro­posal is from man­u­fac­turer of Frooti and Appy bev­er­ages to set up a fac­tory in Bhutan. Rep­re­sen­ta­tive of the com­pany said if Bhutan is re­vis­it­ing its eco­nomic de­vel­op­ment pol­icy, it should also con­sider al­low­ing 100% FDI. He added the com­pany has al­ready kept aside funds to start right away.

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