The Rat­i­fi­ca­tion of the Euro­pean In­vest­ment Bank Frame­work Agree­ment de­ferred

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The joint sit­ting of Par­lia­ment de­ferred the de­lib­er­a­tion of Euro­pean In­vest­ment Bank Frame­work agree­ment and Bhutan through vot­ing sys­tem which was pro­posed by the joint com­mit­tee.

The Chair­per­son of the Joint Com­mit­tee of the Euro­pean In­vest­ment Bank Frame­work Agree­ment (FWA) Rinzin Dorji from Phuentshol­ing con­stituency sub­mit- ted its re­port to the Joint Sit­ting of the Par­lia­ment last Fri­day.

The Chair­per­son re­ported that the FWA un­like other Bills is be­yond the purview of the Joint Com­mit­tee. Fur­ther, he said that this is the first time that such an In­ter­na­tional Agree­ment has been in dis­pute be­tween the two houses. Hence the Joint Com­mit­tee has rec­om­mended the Par­lia­ment to FWA be tabled and voted in its en­tirely.

The Min­is­ter for For­eign Af­fairs Ly­onpo Dam­cho Dorji shared de­tailed back­ground on the frame­work and said that it was sig­nif­i­cant for the FWA to be rat­i­fied given its enor­mous ben­e­fit to the coun­try. How­ever, he added that the concerns raised by the Na­tional Coun­cil were also for the ben­e­fit of the coun­try. The For­eign Min­is­ter mo­tioned that con­sid­er­ing the im­por­tance of this agree­ment, it would be more ap­pro­pri­ate to do a thor­ough re­view by the gov­ern­ment and de­fer the agree­ment to an­other ses­sion for de­lib­er­a­tion.

The mo­tion was sup­ported by the Min­is­ter for Fi­nance Ly­onpo Nam­gay Dorji. Sub­se­quently, the House unan­i­mously sup­ported for de­fer­ring and di­rected Joint Com­mit­tee to re­view and pro­posed for de­fer­ring as per the Leg­isla­tive Rules of Pro­ce­dure (LROP).

Ac­cord­ingly, the Joint Com­mit­tee submitted a mo­tion to de­fer the rat­i­fi­ca­tion of the FWA with the un­der­stand­ing that this de­fer­ment should be treated as an ex­cep­tional case and not a prece­dent as pro­vi­sion for deal­ing with dis­putes on in­ter­na­tional agree­ments have not been cov­ered in LROP.

Mean­while, the House de­cided to en­dorse the mo­tion where 58 votes sup­ported the mo­tion, 6 mem­bers ab­stained while three voted no. There were 67 mem­bers pre­sent dur­ing the vot­ing.

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