Bhutan’s King Jigme Khesar Namgyel Wangchuck recently visited Assam, marking a significant step in regional trade and diplomatic relations. His inspection of the International Multimodal Logistics Park (IMLP) in Jogighopa highlights Bhutan’s commitment to enhancing economic cooperation with India and Bangladesh.
Strategic Importance of the Visit
The Jogighopa logistics park, developed under India’s Bharatmala Pariyojana, is expected to serve as a vital trade hub connecting Bhutan, India, and Bangladesh. The king’s visit underscores Bhutan’s interest in leveraging this infrastructure for seamless cargo movement and economic expansion.
Key Developments
- The logistics park will integrate road, rail, air, and waterways, facilitating efficient trade routes.
- Bhutan’s Gelephu Mindfulness City, located nearby, is expected to complement the park’s success.
- The Jogighopa Inland Water Transport Terminal, inaugurated earlier this year, will handle 1.1 million tonnes of cargo annually, boosting Bhutan’s export capabilities.
Diplomatic and Economic Impact
The visit aligns with India’s Act East Policy, reinforcing bilateral cooperation between Bhutan and India. Assam Chief Minister Himanta Biswa Sarma emphasized the shared interests and close ties between the two nations, highlighting the economic potential unlocked by the logistics park.
With Bhutan actively engaging in regional trade expansion, this visit signals a new era of economic collaboration, strengthening South Asia’s connectivity and commerce.