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25-member CII delegation to visit Bhutan soon

Special Correspondent

To explore and identify business, investment opportunities

JAIPUR: A 25-member delegation of the Confederation of Indian Industry (CII) will visit Bhutan soon to explore and identify business and investment opportunities in the Himalayan kingdom. The delegation, led by R.K. Poddar, chairman of the CII Rajasthan State Council, will have members from diverse sectors of industry across the country.

Apart from meeting the members of the Bhutan Chamber of Commerce and Industry collectively and for one-to-one interaction on tie-ups and business prospects, the delegates are scheduled to meet the Bhutanese Prime Minister, Foreign Minister and the Minister for Trade and Commerce of Bhutan and the Indian Ambassador to Bhutan, Sudhir Vyas.

“The economic dynamism of SAARC continues to re-order regional business strategies. Bhutan has a unique relationship with India. Bhutan and India share traditional, warm, friendly and close bilateral relations – both at political and economic level,” Mr. Poddar noted.

India remains Bhutan’s most important bilateral partner. India is Bhutan’s largest trading partner, accounting for over 90 per cent of Bhutan’s exports and 50 per cent of its imports. India is also Bhutan’s largest aid donor, providing more than half of Bhutan’s development assistance, which will amount to be over US$300 million over the course of Bhutan’s current Five Year Plan.

Besides Mr. Poddar, who is Managing Director of Mayur Leather Products, the members of the mission include S.O. Agrawal, Managing Director of Bejo Sheetal Seeds Pvt Ltd; P.B.Jain, Head (Projects), Bhilangana Hydro Power Ltd; R.N. Bhaskar, Chairman of E–Convergence Technologies Ltd; I.C. Agarwal, Chairman of Genus Power Infrastructure Ltd; Vikas Jeph, Managing Director of Jaipur Dental College; Lalit Saraogi, Chairman of Jaipur Engineering College; Sunil Aggarwal, Managing Director of Madkini Hydro Power Pvt Ltd; and S. Sen, Adviser, Development Projects & SAARC, CII.

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