Articles > Reference > News Wires, White Papers, and Books > The Hindustan Times news wires > July-September 2009 > Wednesday, July 1

Article: Bhutan, India work to strengthen economic ties

Article from:
The Hindustan Times
Article date:
July 1, 2009
Copyright

New Delhi, July. 1 -- Bhutan Prime Minister Jigme Yoser Thinley called on Finance Minister Pranab Mukherjee here on Wednesday over bilateral economic relationship.

Bhutan has liberalised its Foreign Direct Investment (FDI) laws to attract Indian investors.

Bhutan has eased the norms in order to allow more than 70 per cent FDI in sectors like hydel power, information and communication technology, hospitality, agriculture and infrastructure.

Presently, Bhutan allows 100 per cent FDI in IT sector and 70 ...

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