India, Bhutan to fast-track cross-border infrastructure projects
RAILWAYS & METRO RAIL

India, Bhutan to fast-track cross-border infrastructure projects

India and Bhutan held discussions to accelerate the development of certain cross-border infrastructure projects, including the establishment of an integrated check post aimed at promoting bilateral trade. These issues were addressed during a meeting between Commerce Secretary Sunil Barthwal and Dasho Tashi Wangmo, Secretary of the Ministry of Industry, Commerce, and Employment (MoICE) of Bhutan, in Thimphu.

The officials, who co-chaired the meeting, agreed to fast-track the development of cross-border and connectivity infrastructure, such as the creation of an Integrated Check Post at Jaigaon-Phuentsholing and the establishment of rail links between Kokrajhar-Gelephu and Banarhat-Samatse, according to a statement from the commerce ministry.

The statement also mentioned that both secretaries discussed the notification of the Land Customs Station (LCS) at Jaigaon for the import of scrap from Bhutan to India, the establishment of border haats along the India-Bhutan border, the facilitation of businessperson movement, and the potential import of boulders from Bhutan to India.

Additionally, deliberations were held on the inclusion of three new timber species for import from Bhutan to India, as well as the swift operationalization of an agreement, signed in March 2024, recognizing the official control exercised by the Bhutan Food and Drug Authority (BFDA) by India's Food Safety and Standards Authority of India (FSSAI).

The two sides also discussed the need to expedite the finalization of an agreement between the National Seed Centre of Bhutan and Brahmaputra Valley Fertilizer Corporation Limited of India for the supply of fertilizers to Bhutan.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

India and Bhutan held discussions to accelerate the development of certain cross-border infrastructure projects, including the establishment of an integrated check post aimed at promoting bilateral trade. These issues were addressed during a meeting between Commerce Secretary Sunil Barthwal and Dasho Tashi Wangmo, Secretary of the Ministry of Industry, Commerce, and Employment (MoICE) of Bhutan, in Thimphu. The officials, who co-chaired the meeting, agreed to fast-track the development of cross-border and connectivity infrastructure, such as the creation of an Integrated Check Post at Jaigaon-Phuentsholing and the establishment of rail links between Kokrajhar-Gelephu and Banarhat-Samatse, according to a statement from the commerce ministry. The statement also mentioned that both secretaries discussed the notification of the Land Customs Station (LCS) at Jaigaon for the import of scrap from Bhutan to India, the establishment of border haats along the India-Bhutan border, the facilitation of businessperson movement, and the potential import of boulders from Bhutan to India. Additionally, deliberations were held on the inclusion of three new timber species for import from Bhutan to India, as well as the swift operationalization of an agreement, signed in March 2024, recognizing the official control exercised by the Bhutan Food and Drug Authority (BFDA) by India's Food Safety and Standards Authority of India (FSSAI). The two sides also discussed the need to expedite the finalization of an agreement between the National Seed Centre of Bhutan and Brahmaputra Valley Fertilizer Corporation Limited of India for the supply of fertilizers to Bhutan.

Next Story
Building Material

Ambuja to join alliance for Industry Decarbonisation

Adani Group's Ambuja Cements announced that it had joined the Alliance for Industry Decarbonisation (AFID), a global collective aimed at accelerating the Net Zero transition in line with the Paris Agreement. According to the statement, Ambuja is the first cement manufacturer globally to join AFID, a platform for exchanging insights and experiences among stakeholders in energy-intensive industries. The company revealed its goal of achieving Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi). Ambuja has also committed to investing Rs 100 billion in renewable ..

Next Story
Infrastructure Urban

Maharashtra revises stamp duty rates

A cash-strapped Mahayuti government – burdened with spiralling loans, budgetary provisions for populist schemes such as Ladki Bahin, Ladka Bhau and all – has decided to revise stamp duty rates, a move likely to add Rs 20 billion to its kitty. The decision will change stamp duty structure ranging from a small sum such as Rs 100 – which until now, was applicable for the registration of documents – to an unspecified amount, depending on the value of the amount involved in awarding work contracts, amalgamation, restructuring, division and mergers. The state cabinet decision, taken on Monda..

Next Story
Real Estate

MHADA sends 1,200 notices to developers

The Maharashtra Housing and Area Development Authority (MHADA) has issued approximately 1,200 notices to various developers and housing societies in Mumbai as part of its initiative to take control of stalled redevelopment projects on their properties. This move follows an amendment to the Maharashtra Housing and Area Development Act of 1976, which granted MHADA the authority to independently oversee redevelopment on its plots when developers and residents fail to propose any plans for residential building redevelopment, regardless of the reasons for the failure, such as disputes or ongoing li..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000