India-Bhutan Energy Cooperation

• 14 Mar 2024

On 13th March, Union Cabinet approved signing of two MoUs between India and Bhutan in energy conservation.

Key Points

• Energy Conservation MoU: India aims to assist Bhutan in enhancing energy efficiency in the household sector through the energy conservation MoU.
• POL Supply MoU: MoU on POL supply aims to strengthen economic and commercial linkages between India and Bhutan, particularly in the hydrocarbon sector.
• Food Safety Cooperation: Approval granted for agreement between Bhutan Food and Drug Authority (BFDA) and Food Safety and Standards Authority of India (FSSAI) to enhance cooperation in food safety areas.
• IMEC Cooperation Agreement: Ex-post facto approval given for Inter-Governmental Framework Agreement (IGFA) signed during PM visit to the UAE for cooperation in the India-Middle East Europe Economic Corridor (IMEC), focusing on ports, maritime, and logistics sectors.