India and Bhutan on Monday agreed to expand bilateral trade between the two countries.
In the joint statement issued here, Prime Minister Narendra Modi and his Bhutanese counterpart Tshering Tobgay recalled the free trade arrangement between the two countries and the expanding bilateral trade between the two countries and its importance in further cementing the friendship between the two countries.
The Indian Government conveyed its decision to exempt Bhutan from any ban or quantitative restrictions on exports of following items:- milk powder, wheat, edible oil, pulses and non-basmati rice.
The two sides also agreed to further promote trade and investments between the two countries.