The government of Japan has agreed to continue its support for Bhutan’s socio economic development, during the 12th annual consultation on economic cooperation between the two countries.
The Bhutanese delegation at the consultation presented 10 projects for consideration under technical cooperation and four grant aid projects in the field of health, agriculture and infrastructure restoration.
According to the Foreign Ministry of Bhutan, since its inception in 2006, the annual consultation continues to serve as an avenue for the two countries to review and exchange views on ongoing and future bilateral cooperation programs.
The two Buddhist nations have had exchanges of royal visits to strengthen the bilateral relations. Japanese contributed USD 73.53M during the 11th Plan.
Japan’s assistance to Bhutan is focused in the sectors of agriculture and rural economy, infrastructure development, social development and strengthening good governance.
Diplomatic relation between Japan and Bhutan was established in March 1986.
Source:http://www.bhutannewsnetwork.com/2017/08/japan-to-continue-funding-bhutans-development/