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India, Bhutan hold Development Cooperation Talks in New Delhi

Development Cooperation Talks between India and Bhutan were held in New Delhi on Monday, the Ministry of External Affairs (MEA) said in a statement.

The discussions focused on reviewing the entire spectrum of the India-Bhutan development partnership. Both sides reaffirmed their commitment to strengthening mutual cooperation across key sectors.

The Indian delegation was led by Secretary (West) in the MEA, Tanmaya Lal, while the Bhutanese side was headed by Foreign Secretary Aum Pema Choden.

The talks focused on reviewing the full spectrum of the India-Bhutan development partnership, with both sides reaffirming their commitment to advancing mutual cooperation across key sectors. India has pledged support of ₹10,000 crore for Bhutan’s 13th Five Year Plan (2024–2029), covering Project Tied Assistance (PTA), High Impact Community Development Projects (HICDP), the Economic Stimulus Programme (ESP), and budgetary support through Programme Grants.

Both sides reviewed ongoing initiatives, including 61 PTA projects worth ₹4,958 crore and 283 HICDPs amounting to ₹417 crore, currently at various stages of implementation. Revisions to PTA allocations were discussed in response to Bhutan’s evolving development priorities. India has also disbursed ₹750 crore for the ESP and ₹100 crore as Programme Grant.

Bhutan presented the second tranche of PTA proposals under the 13th FYP, with 10 new projects worth ₹1,113 crore receiving joint approval. These initiatives span sectors such as healthcare, connectivity, urban infrastructure, and livestock.

India reiterated its commitment to working closely with the Bhutan government in line with the shared vision of the Bhutan King and Prime Minister of India.

The next round of Development Cooperation Talks will be held in Thimphu at a mutually convenient date.

from National https://ift.tt/e0swYG9

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