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20 April, 2017 11:16:18 PM / LAST MODIFIED: 21 April, 2017 01:59:13 PM
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Dhaka, Thimphu for early start of BBIN

Bhutan welcomes proposed trilateral MoU
DIPLOMATIC CORRESPONDENT
Dhaka, Thimphu for early start of BBIN

Thimphu has welcomed the proposed trilateral deal between Bhutan, Bangladesh and India which will allow Dhaka to get power from the Himalayan Kingdom after investing in the hydroelectric joint ventures projects. 

According to Foreign Secretary Shahidul Haque, this trilateral instrument will be signed this year in the BIMSTEC summit to be held in Kathmandu, the capital of Nepal.      
“They (Prime Minister Hasina and Bhutanese Prime Minister TsheringTobgay) also welcomed the proposed Trilateral Memorandum of Understanding (MoU) between Bangladesh, Bhutan and India for Cooperation in the field of Hydroelectric Power on the principles of agreed regional framework,” said a 26-point joint statement issued by the Foreign Ministry yesterday on the PM’s visit to Bhutan from April 18-20.
Prime Minister Hasina returned home yesterday morning wrapping up her three-day visit to the Himalayan kingdom, which was the first country to recognise Bangladesh as an independent country in 1971. While in Thimphu, Hasina along Bhutanese Prime Minister Tobgay addressed the inaugural session of the International Conference on Autism & Neuro-developmental Disorders on Wednesday. 
“They expressed the hope that this MOU could be signed at an occasion when leaders of all three countries would meet next,” said the joint statement.
“Recognising the importance of enhancing regional connectivity, both sides agreed to work bilaterally and sub-regionally towards that end,” it said.  The two Prime Ministers recognised the importance of BBIN Motor Vehicle Agreement for regional connectivity and expressed their desire towards an early operationalisation of the Agreement, it added. 

Bangladesh and Bhutan have also agreed to explore cooperation in information technology (ICT) sector, including sharing of internet redundancy and establishment of data centres. 
The two Heads of the government emphasised the advantages of sub-regional cooperation in the areas of power, water resources, and connectivity for mutual benefit. 
They have also discussed many areas of cooperation including hydro-power, water resources, trade and commerce, connectivity, tourism, culture, education, health, ICT, and agriculture.
During the bilateral talks, the two Prime Ministers held wide-ranging discussions aimed at boosting the existing bilateral relations between Bangladesh and Bhutan. 
The two leaders reaffirmed that relations between Bhutan and Bangladesh are based on friendly ties and reflective of their common aspiration for peace, collective prosperity and development of the region and beyond.
The two Prime Ministers expressed satisfaction at the excellent state of bilateral relations and reaffirmed their commitments to further consolidate the bilateral relations for the mutual benefit of the two friendly neighbouring countries.  The two Prime Ministers noted the expanding bilateral trade between the two countries and acknowledged its importance in further cementing the friendship between the two countries. 
The Prime Minister of Bhutan thanked Prime Minister Hasina for taking a number of measures including opening of Land Customs Stations namely Tamabil-Dawki and Nakuagaon-Dalu, Gobrakura and Koroitoli-Gasuapara and resolving duty exemption issues on Lime Stone Powder, Gypsum and Calcium Carbonate export to Bangladesh which will further enhance bilateral trade with Bangladesh. 
The Bangladesh side also offered to export more products such as ready-made garments, ceramics, pharmaceuticals, jute and allied products, leather goods, toiletries, agricultural produce to Bhutan. Bhutanese side agreed to facilitate entry of these products into its market. They also agreed to further promote trade and investments between the two countries.
The two Prime Ministers welcomed the signing of MoU on Use of Inland Waterways for Transportation of Bilateral Trade and Transit Cargoes between the Royal Government of Bhutan and the Government of People’s Republic of Bangladesh which will provide connectivity with Chittagong and Mongla ports. They expressed hope that this will open up further opportunities of bilateral trade between the two countries and beyond.
The two sides also exchanged views on cooperation in other regional and international fora including BIMSTEC, SAARC and the UN and noted the commonality of their views and positions on all major issues and agreed to continue to work together for greater peace, prosperity and development in the region and beyond.
Bangladesh and Bhutan signed eight bilateral agreements and MoUs during the visit.
These are Agreement between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh for Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect of Taxes on Income, Agreement on Cultural Cooperation between the Royal Government of Bhutan and the Government of thePeople’s Republic of Bangladesh, Agreement between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh on Allotment of Land under Hejo Samtenling Local Area Plan (Lap) for Construction of Bangladesh Embassy Premises in Bhutan,    Deed for “Use Right” of Land under Hejo Samtenling Local Area Plan (Lap) for Construction of Bangladesh Embassy Premises in Bhutan, MoU between Bhutan Standards Bureau (BSB), Royal Government of Bhutan and Bangladesh Standards & Testing Institution (BSTI), Government of the People’s Republic of Bangladesh, MoU on Use of Inland Waterways for Transportation of Bilateral Trade and Transit Cargoes between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh, MoU between Royal University of Bhutan (RUB), Bhutan and Bangladesh Academy for Rural Development (BARD), Comilla, Bangladesh and MoU between Bhutan Agriculture and Food Regulatory Authority (BAFRA), Ministry of Agriculture and Forests, Royal Government of Bhutan and the Department of Agricultural Extension (DAE), Ministry of Agriculture, Government of thePeople’s Republic of Bangladesh.

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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