India, Bhutan review development partnership; sign ₹4,000-crore LoC agreement
India and Bhutan held the fifth Development Cooperation Talks to review progress on Bhutan's 13th Five-Year Plan and ongoing infrastructure projects. The two nations signed a ₹4,000-crore line of credit agreement and expanded bilateral cooperation in healthcare, green mobility, and urban development.
Why it matters
This agreement reinforces India's role as Bhutan's primary development partner, strengthening regional stability and economic integration in the Himalayan corridor.
India and Bhutan reviewed the progress of New Delhi-supported development projects in the Himalayan nation during a high-level talk, as the two sides signed a concessional line of credit agreement worth ₹4,000 crore and expanded cooperation in the health sector.
The fifth India-Bhutan Development Cooperation Talks, co-chaired by Foreign Secretary Vikram Misri and his Bhutanese counterpart Dasho Pema Lektup Dorji on Thursday (July 30, 2026), focused on the implementation of projects under Bhutan's 13th Five-Year Plan, the Indian Embassy in Bhutan said in a social media post.
The two sides reviewed the progress and implementation of India-supported projects across diverse sectors, it said. Bhutan appreciated India's significant support and its contribution to the country's socio-economic development, the mission said.
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