India agrees to consider providing Rs 1,500 cr economic stimulus to Bhutan

India has agreed to positively consider providing Rs 1,500 crore to Bhutan as part of the Economic Stimulus Programme in the next 18 months, the two governments said on Saturday at the end of Foreign Secretary Vikram Misri's visit and his wide-ranging talks with the Himalayan nation's leadership.

Misri, who was on his first foreign visit within days of his taking charge last week, reviewed the implementation modalities and cooperation in diverse areas of the India-Bhutan development partnership with his Bhutanese counterpart Aum Pema Choden.

The joint press release highlighted the exemplary partnership characterised by trust, goodwill and mutual understanding at all levels, strong bonds of friendship and close people-to-people contacts and said, the two sides held wide-ranging discussions on all aspects of bilateral cooperation.

The issues covered under the bilateral cooperation include development partnership, energy, trade and investment, connectivity and trade infrastructure, ...