Thursday, July 16, 2020

India-Bhutan open new trade route


On July 16, 2020, India and Bhutan opened a new trade route between Jaigon in West Bengal and Pasakha in Bhutan.

Highlights

  • The land route will help to move industrial raw materials and goods destined for Pasakha Industrial Estate. 
  • The route will help boost trade and commerce and will lead to decongestion of vehicular traffic.
  • Bhutan is India’s closest partner.

The China Factor

  • India had recently proposed to build road in Yeti territory of Bhutan which China claimed recently. 
  • The road will also help India access Tawang in Arunachal Pradesh quickly. 
  • The road will reduce distance between Guwahati and Tawang by 150 kilometres
  • China claims Tawang to gain absolute control over Tibet.

Sakteng Wildlife Sanctuary

  • In June 2020, China tried to block funding of Sakteng wildlife sanctuary at the United Nations Development Programme-global Environment Facility Council. 
  • The sanctuary is located in eastern Bhutan. 
  • According to China, the sanctuary was part of disputed territory.

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