Sunday, June 8, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • 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
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Leveraging Indian Ocean for trade and economic growth

September 30, 2024
in Economy, Other Stories
Reading Time: 2 mins read
0
0
SHARES
49
VIEWS
Share on FacebookShare on Twitter

The Indian Ocean is pivotal in Bhutan’s economic landscape, acting as a gateway for international trade through India and Bangladesh. In a recent lecture in the capital, a visiting expert from the United States Institute of Peace stated that the Indian Ocean can enhance connectivity across South and Southeast Asia, including Bhutan. The lecture, hosted by the Centre for Research on Bhutanese Society, also addressed security issues in the Indian Ocean.

The economic influence of a vast waterway such as the Indian Ocean extends well beyond coastal nations.

It impacts landlocked countries such as Bhutan and Nepal, which depend on key ports for international trade.

Nilanthi Samaranayake, an expert on Indian Ocean security, said that seaports play a crucial role in Bhutan’s trade.

“So, for example, the ports in Kolkata and Haldia in India, Bhutan depends on those ports for its international trade. Bhutan has also worked with Bangladesh to expand its access to Bangladesh’s ports in Chittagong and Mangla. So Bhutan, even though it is landlocked, it clearly has interests in the maritime domain in the Indian Ocean.”

She praised Bhutan’s proactive stance in regional diplomacy to enhance its connectivity and maritime interests.

As a founding member of the South Asian Association for Regional Cooperation since 1985 and a participant in the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation since 2004, Bhutan actively seeks to strengthen its regional ties.

Nilanthi Samaranayake said “I think Bhutan’s partnership in multilateral organisations is very important, particularly as a smaller state. We see smaller states will often join multilateral groupings because it is a way for them to participate in the norm-making process and maintain norms, essentially.”

Participants at the lecture also stated that Bhutan should take advantage of its proximity to the Bay of Bengal and the Indian Ocean to advance the country’s developmental ambitions.

Lyonpo Om Pradhan, former DHI Chairperson and Minister said “With the upcoming Gelephu Mindfulness City and the fact that His Majesty has mentioned that Gelephu Mindfulness City is not only a city in Bhutan, but it is like an opening, a door to the rest of South Asia. So, if that is the case, then the Indian Ocean, and the Bay of Bengal play a very critical role.”

Sonam Tobden Rabgye, the President of the Centre for Research on Bhutanese Society said “We have very good political relations and, a long history with India and Bangladesh. Both these countries are willing and ready to give us the facilities. In fact, both India and Bangladesh, have said we can use the inland waterways also to get access to the seaports. It is very relevant and useful for Bhutan’s export of boulders.”

As Bhutan charts its course towards a future intertwined with the Indian Ocean, the discussions at this lecture serve as a reminder of the potential inherent in maritime connections.

Devika Pradhan 

Edited by Sherub Dorji 

Previous Post

Bailey bridge over Singyechhu closed to heavy vehicles, affecting drivers and truck owners

Next Post

Parts of Bhutan will experience continuous rainfall until mid-October says NCHM

Next Post
Parts of Bhutan will experience continuous rainfall until mid-October says NCHM

Parts of Bhutan will experience continuous rainfall until mid-October says NCHM

Thimphu United secures victory against Sikkim and Siliguri teams at inaugural Indo-Bhutan Friendship Women’s Club Basketball Games

Thimphu United secures victory against Sikkim and Siliguri teams at inaugural Indo-Bhutan Friendship Women's Club Basketball Games

Wangdue Phodrang organises regular matches to revive traditional archery

Wangdue Phodrang organises regular matches to revive traditional archery

Please login to join discussion

RECOMMENDED NEWS

Seven NC candidates for Tsirang

12 years ago
2
Nganglam celebrates World Sight Day with Eye Surgery Camp

Nganglam celebrates World Sight Day with Eye Surgery Camp

2 years ago
4
Almost 71 per cent of students pass class X exams

Almost 71 per cent of students pass class X exams

2 years ago
82

Sunkosh town planning yet to take off

11 years ago
3

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (278)
  • Education (413)
  • Entertainment (13)
  • Environment (61)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (9)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (516)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

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
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

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

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

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    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

  • Phuentshogling Thromde installs reverse vending machine to promote recycling
  • Fixed deposit interest to be taxed at 10% under proposed Income Tax Bill
  • Yonphula Specialised Rehabilitation School to open next month
  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • 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
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.