5th Joint Group of Customs (JGC) meeting was held between India and Bhutan

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As per the media reports it has been learned from the information received from the Ministry of Finance that 5th Joint Group of Customs (JGC) meeting between India and Bhutan was held on 6th-7th May, 2024 in Leh, Ladakh. The meeting was co-chaired by Mr. Surjit Bhujabal, Special Secretary and Member (Customs), Central Board of Indirect Taxes and Customs, Government of India, and Mr. Sonam Jamtsho, Director General, Department of Revenue and Customs, Ministry of Finance, Royal Government of Bhutan.

As per the reports 5th JGC meeting discussed a host of bilateral issues such as opening of new Land Customs Stations and notifying new trade routes, development of infrastructure, automation and digitization of transit processes, prevention of smuggling, coordinated cross-border management, pre-arrival exchange of Customs data, bilateral agreement on Customs cooperation and movement of transit cargo under electronic cargo system among others.

As per the media reports the meeting concluded on an optimistic note. Both the countries agreed on discovering new strands of complementarities between India and Bhutan that can be maximized for mutual benefit, respond to the expectations and aspirations of the youth and adapt to the rapid changes related to new technologies and social innovations. Both sides also agreed to consider new developments for facilitating customs and trade cooperation for mutual prosperity. India and Bhutan agreed on discovering new strands of complementarities that can be maximized for mutual benefit.

Image & News Source: @PIB_India

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