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MoUs between India and Bhutan

MoUs between India and Bhutan IAS TOPPERS

The Union Cabinet recently approved Memorandum of Understandings (MoUs) between India and Bhutan for energy efficiency, energy resources, and food security.

MoUs between India and Bhutan
[Ref- PM India]

Key Highlights of the Memorandum of Understandings (MoUs):

MoU on Energy Efficiency and Conservation:

  • This landmark agreement aims to foster bilateral cooperation between India and Bhutan in the field of energy efficiency.
  • It was signed between the Bureau of Energy Efficiency (BEE) of India’s Ministry of Power and Bhutan’s Department of Energy, Ministry of Energy and Natural Resources.
  • The MoU was prepared by the Ministry of Power in consultation with Ministry of External Affairs (MEA) and Department for promotion of industry and internal Trade (DPIIT).
  • It will enable an exchange of Information, data and technical experts related to energy efficiency and energy conservation between India and Bhutan.
  • The MoU will analyze energy efficiency policies and cooperation in the field of energy efficiency research and technology deployment.

Key Provisions:

  • India will extend its support to Bhutan in enhancing energy efficiency within the household sector through promotion of India’s star labeling program under BEE.
  • India will share its expertise in the development of building codes tailored to Bhutan’s climate conditions.
  • This can contribute to the creation of a pool of energy professionals in Bhutan through the training of energy auditors.
  • The initiative also focuses on training retailers to disseminate energy-efficient products among consumers, emphasizing the savings from using star-rated appliances.
  • This cooperation can support Bhutan in the development and implementation of Standards and Labelling schemes for energy-intensive appliances.

MoU on supply of petroleum, oil, and lubricants:

  • The primary aim is to enhance economic and commercial ties between India and Bhutan, transcending gender, class, or income biases.
  • It targets the hydrocarbon sector, seeking to benefit India and its citizens through improved trade relations with Bhutan.
  • One of the key benefits is bilateral trade in the hydrocarbon sector, ensuring a secure and long-term supply of petroleum products to Bhutan.

MoU on Food Security:

  • An Agreement between Bhutan Food and Drug Authority (BFDA) and Food Safety and Standards Authority of India (FSSAI) was signed.
  • It will facilitate the trade between two neighboring countries in the areas of food safety.
  • BFDA will issue a Health Certificate as proof of compliance with the requirements prescribed by FSSAI, while exporting the products to India.
  • This will promote Ease of Doing Business and will reduce compliance costs on both sides.

Significance of India- Bhutan MoUs:

  • India-Bhutan relations have been strong since India’s independence, especially after the Treaty of Friendship and Cooperation since 1949.
  • The agreements can address the rising demand for electrical energy through the preference for high-efficiency appliances.
  • It will help Bhutan to ensure the availability of energy-efficient products in the market.
  • This would strengthen economic cooperation between the two nations and contribute to India’s goals towards the vision of Aatmanirbhar Bharat (Self-Reliant India).

Location of Bhutan:

MoUs between India and Bhutan1
[Ref- Britannica]
  • Bhutan is a landlocked country of south-central Asia, located on the eastern ridges of the Himalayas.
  • It shares northern and western boundaries with the Tibet Autonomous Region (part of China).
  • It borders Indian states of West Bengal and Assam in the Duars Plain to the south of Himalayan range and Arunachal Pradesh to the east and Sikkim to the southwest.

Ref:Source

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