New India-Bhutan trade route opens 

trade route

New Delhi: – A new trade route has been opened between India and Bhutan. This route connects Jaigaon in West Bengal to Pakhasa in Bhutan. This will streamline the trade between India and Bhutan. Recently China had claimed rights on a certain Bhutanese territory. The new trade route becomes important, at a time, when China wants to dig up a border dispute with Bhutan, to pressurise India.   

trade route

Currently, there is an operational route between Jaigaon in West Bengal and Aalhay in Bhutan. On Wednesday, the inauguration ceremony was held for the new trade route, between India and Bhutan. This route which starts from Jaigaon, in West Bengal ends at Pakhasa, in Bhutan. Pakhasa is an industrial hub in Bhutan. The new route will facilitate the movement of Indian raw materials to the Bhutanese industrial town.   

trade route

India exports ores, metals, electrical products, vehicles and vegetables to Bhutan. Whereas, Bhutan exports electricity, cement, wooden articles, potatoes and other vegetables. India is the largest trading partner of Bhutan. The bilateral trade between India and Bhutan reached ₹92.27 billion, in 2018. The new trade route will provide an impetus to bilateral trade. The Indian Ambassador to Bhutan expressed confidence that there will be an increase in communication because of this new route.   

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