AGP Executive Report
Last update: an hour agoTrade Connectivity: Bhutan and India are exploring Brahmaputra waterways and Assam’s Jogighopa terminal as a potential route for Bhutanese cargo to reach wider markets, with the Manas and Sankosh rivers also discussed. Foreign Investment: Bhutan has licensed or granted in-principle approval to FDI projects worth Nu 329.16 billion, about 66% of its Nu 500 billion target for 2029. The figure reflects project approvals, not capital already invested. Digital Payments: Bhutanese users have completed 8,621 UPI transactions since September, but failures persist at some Indian merchants as banks work on integration; six Indian banks currently support the service. Banking: DK Bank has received in-principle approval to expand into Abu Dhabi’s financial centre. Hydropower: Druk Green Power and Adani Power have agreed to develop the 770 MW Chamkharchhu-I project, extending Bhutan-India energy cooperation.
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