Sunday, May 11, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

MoU signed between KOTRA and BCCI on business cooperation

May 19, 2023
in Business, Other Stories
Reading Time: 2 mins read
0
0
SHARES
15
VIEWS
Share on FacebookShare on Twitter

To strengthen and develop business relations between Bhutan and Korea, the Korea Trade-Investment Promotion Agency, KOTRA, and the Bhutan Chamber of Commerce and Industry, BCCI, renewed the Memorandum of Understanding (MoU) signed in 2019. The MoU signed today in Thimphu will allow the two countries to collaborate on trade, provide investment opportunities, and promote mutually beneficial economic cooperation.

KOTRA’s Director General Samsoo Kim and BCCI President Tandy Wangchuk signed the MoU on the business cooperation between the two countries.

This is the second time the MoU is being signed between the two organisations.

“After the first signing of the MoU, there was a COVID-19 breakout, so there were inevitable obstacles to proceeding with the MoU. However, with today’s signing of the MoU, we will facilitate more economic cooperation between Bhutan and Korea,” said Samsoo Kim, Director General of the Korea Trade-Investment Promotion Agency.

This MoU will help the Korean government to understand more about Bhutan’s economic environment and also share its economic development experiences with Bhutan.

“Korea has much experience in economic development since the 1960s, so Korea can share her experiences with various sectors, such as food, environment, and manufacturing with Bhutan and be good partners,” added the Director General.

This MoU hopes to yield an outcome within six months, unlike the previous agreement.

“The first MoU that we signed was somewhere in 2019, and till then they could not venture into any investment or cooperation so far. This time I personally told him that after signing the MoU, within six months he should come up with some projects, either investment or bringing investors here to invest, or on the trade front, they have to come up with an outcome so that I can update my government that this MoU has come into effect,” said Tandy Wangchuk, the President of BCCI.

The MoU will be valid for three years unless renewed by the two countries.

Tashi Dekar

Edited by Kipchu

Previous Post

Civil servants claim Nu 14.2 M as false TA/DA

Next Post

Bhutan, Singapore ink MoU on aircraft accident and incident investigation

Next Post
Bhutan, Singapore ink MoU on aircraft accident and incident investigation

Bhutan, Singapore ink MoU on aircraft accident and incident investigation

Three arrested on suspicion of promoting prostitution in Thimphu

Three arrested on suspicion of promoting prostitution in Thimphu

Druk Thuendrel Tshogpa declares two new female candidates

Druk Thuendrel Tshogpa declares two new female candidates

Please login to join discussion

RECOMMENDED NEWS

HRH Gyaltshab Jigme Dorji Wangchuck visits Yumchey

HRH Gyaltshab Jigme Dorji Wangchuck visits Yumchey

10 years ago
7

‘Khadi-Thagzo’- a textile presentation

6 years ago
1

Six boys arrested for theft

10 years ago
2
Budget constraint puts local festival’s sustainability at stake

Budget constraint puts local festival’s sustainability at stake

1 year ago
4

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (415)
  • Announcement (170)
  • Business (730)
  • Crime/Legal (361)
  • Culture (41)
  • Development (48)
  • Disaster (56)
  • Economy (268)
  • Education (401)
  • Entertainment (11)
  • Environment (52)
  • Feature (65)
  • Featured (6)
  • Festival (77)
  • GMC (11)
  • Headlines (15)
  • Health (610)
  • Legal (51)
  • Literature (9)
  • Livestock (73)
  • Media (22)
  • Other Stories (5,422)
  • Politics (418)
  • RCSC (1)
  • Recent stories (6)
  • Religion (42)
  • Sci/Tech (707)
  • Social (473)
  • Sports (441)
  • Technology (190)
  • Tourism (17)
  • Uncategorized (13,865)
  • Video (128)
  • Video Story (240)
  • Wildlife (39)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • Man sentenced to 14 years in prison for raping 12-year-old girl

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • 9th Annual Journalism Awards celebrate Bhutan’s storytellers
  • New 60-bed mental health hospital to be ready by September this year
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals
  • No ban on fresh beef import: Agriculture Minister
  • Buelwa and Gangnam Girls stream on Amazon Prime, marking a milestone for Bhutanese cinema

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.