Bhutan and Thailand enters into bilateral trade agreement

Bhutan and Thailand have entered into negotiations towards formalising a bilateral trade agreement between the countries. It is hoped that the agreement can be finalised by the end of the year. In 2012 bilateral trade totalled $15 million but it is believed that there is much potential for multiplying this amount. The Thai market has great potential for marketing local Bhutanese products such cordyceps, mushrooms, lemon grass, and handicrafts.

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