Search results
Results From The WOW.Com Content Network
The Ministry of Foreign Affairs and External Trade ( ཕྱི་འབྲལ་དང་ཕྱིར་ཚོང་ལྷན་ཁག) is the Bhutanese government ministry which oversees the foreign relations of Bhutan. The Royal Government of Bhutan established the Development Ministry in 1968, which was a precursor to the institution of the ...
Until 1999, Bhutan's Cabinet consisted of a council of Ministers chaired by King Jigme Singye Wangchuck. In 1999, as a major step toward democratization, the King dissolved the existing cabinet and withdrew from his role in the decision-making in the cabinet. Six new ministers were nominated, placed before the National Assembly, and voted in as ...
The Ministry of Economic Affairs [2] is responsible for: Department of Trade. Department of Industry. Department of Intellectual Property. Department of Geology and Mines. Department of Hydro-Met Services. Department of Renewable Energy. Department of Hydropower & Power Systems. Department of Cottage & Small Industry.
Economy of Bhutan. Thimphu is the largest economic centre of Bhutan. All values, unless otherwise stated, are in US dollars. The economy of Bhutan is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry.
Within the government of Bhutan, the Minister of Trade and Industry represents his ministry in the Lhengye Zhungtshog (Executive Cabinet). [18] Bhutanese law regulates incorporation, capital, debentures, shares and issuance of stock and securities, corporate management and accounting, directorships, mergers and acquisitions , and dissolution.
Bhutan was the first country in the world to recognize Bangladeshi independence in 1971. The two states have agreed to develop hydropower in the Himalayas, as well as initiate free trade and transshipment through Bangladeshi ports. They also cooperate in water resources management. Both Bhutan and Bangladesh are members of SAARC and BIMSTEC.
Bhutan–United States relations. Bhutan and the United States have no formal diplomatic relations, but relations between the two nations are viewed as "friendly and close", due to shared values between the two countries. The increasingly close relationship between India and the U.S. has also helped to improve U.S.–Bhutanese relations.
The prime minister of Bhutan (Lyonchhen) is the head of government of Bhutan. The prime minister is nominated by the party that wins the most seats in the National Assembly (Gyelyong Tshogdu) and heads the executive cabinet , called the Council of Ministers (Lhengye Zhungtshog).