EENI Global Business School
Business in Bhutan, Thimphu



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Syllabus of the Subject: Foreign Trade and Business in Bhutan - Thimphu

  1. Introduction to the Kingdom of Bhutan
  2. Bhutanese economy
    1. Bhutanese industry
    2. Case Study: Gross National Happiness Index
  3. Doing Business in Thimphu
  4. Foreign Trade (Import, Export) of Bhutan
  5. Case Study: Tashi Group
  6. Access to the Bhutanese market
  7. Business Plan for Bhutan

The purposes of the Subject “Foreign Trade and Business in Bhutan” are the following:

  1. To analyse the Bhutanese Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in Bhutan
  3. To explore the Bhutanese trade relations with the country of the student
  4. To know the Bhutanese Trade Agreements
  5. To examine the profile of Bhutanese companies
  6. To develop a business plan for the Bhutanese market
The Subject “Foreign Trade and Business in Bhutan” belongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Course: Hinduism and Business
  2. Masters: Business in Asia, International Business, Foreign Trade
  3. Doctorates: Asian Business, World Trade

Learning materials in Courses, Masters, Doctorates in International Business in English (Study, Master in International Business in French Bhoutan Study Master Doctorate Business in Spanish Bután) Masters Foreign Trade in Portuguese

  1. Credits of the Subject “Foreign Trade and Business in Bhutan”: 1 ECTS Credits
  2. Duration: one week

EENI Online Masters and Doctorates in Global Business adapted to the Bhutan, Master, International Business, Foreign Trade Bhutanese Students

Online Students, Master in International Business and Foreign Trade

Why study “Hinduism and Business”?

Sample of the Subject “Foreign Trade and Business in Bhutan”
International Trade and Business in Bhutan

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Description of the Subject: Foreign Trade and Business in Bhutan:

Bhutan has one of the highest per capita incomes in South Asia (1,321 dollars).

Bhutanese Free Trade Agreements (FTA) and Preferential Access.

  1. Bhutan and the Buddhist Economic Area / Hindu Economic Area
  2. Agreement on Trade, Commerce and Transit with India
  3. Bhutan-Bangladesh Trade Agreement
  4. Asian Clearing Union (ACU)
  5. South Asian Association for Regional Cooperation (SAARC)
  6. South Asian Free-Trade Area (SAFTA)
  7. Bay Bengal Initiative (BIMSTEC)
  8. Generalised System of Preferences (European Union)
  9. South Asia Subregional Economic Cooperation (SASEC)

International Trade Facilitation Programs

  1. World Trade Organisation (WTO) (in process of accession)
  2. World Customs Organisation (WCO)
    1. Revised Kyoto Convention (RKC)

Gross National Happiness (Bhutan)

Asian Trade and Economic Organisations

  1. Asia-Middle East Dialogue (AMED)
  2. Asian Development Bank (ADB)
  3. Economic and Social Commission for Asia and the Pacific (ESCAP)
  4. Colombo Plan
  5. Asia Cooperation Dialogue (ACD)
  6. Africa-Asia Strategic Partnership

Global Economic Organisations

  1. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD)
    2. International Trade Centre (INTRACEN)
    3. World Intellectual Property Organisation (WIPO)
  2. World Bank (WB)
  3. World Trade Organisation (WTO)
  4. International Monetary Fund (IMF)
  5. Bhutan is eligible for the European Investment Bank
  6. World Customs Organisation (WCO)

The Kingdom of Bhutan.

  1. Population of Bhutan: 768,198 people
  2. Bhutan is one of the smallest countries (38,394 square kilometres)
  3. Bhutan is a landlocked country
  4. Bhutanese Frontiers: China (Tibet) and India (Sikkim, West Bengal, Assam, and Arunachal Pradesh)
  5. Official language of Bhutan: Dzongkha
  6. Main Bhutanese ethnic group: Dzongs
  7. Type of Government: Unitary Parliamentary constitutional monarchy
  8. King of Bhutan: Jigme Khesar Namgyel Wangchuck
  9. The capital of Bhutan is Thimphu (45% of the GNP of the country)
  10. Bhutanese Internet TLD: bt

Buddhism (Vajrayana) is the main religion in Bhutan

  1. Hinduism is the second religion (30% of the Bhutanese population)

Bhutan belongs to the Buddhist and Hindu Economic Area

Bhutan Tashi Group (Course)

Bhutanese Economy.

  1. The main sectors of the economy of Bhutan are agriculture, cottage industries, and tourism
  2. The main Bhutanese crops are rice, wheat, maize, apples, and oranges
  3. Industrial sector of Bhutan (mainly located in Pasakha): cement, steel, breweries (Coca-Cola), and wood based industries
  4. Bhutanese Mineral resources: coal, slate, dolomite, gypsum, and graphite
  5. Huge hydroelectricity potential
  6. GDP per capita of Bhutan: 2,611 USD
  7. Bhutanese GDP growth: 5.4%
  8. The Gross National Happiness was created by His Majesty (the third Druk Gyalpo Jigme Dorji Wangchuck)
  9. Currency of Bhutan: Bhutanese ngultrum (BTN) and Indian Rupee (INR)

Foreign Trade of Bhutan.

  1. The largest Bhutanese export markets are India, Bangladesh, the United States, the Netherlands, Germany, Singapore, and Nepal
  2. The main imports are oils, parts, motors, wood charcoal, rice, and coke
  3. The main providers of Bhutan are India, China, Thailand, Singapore, Sweden, Saudi Arabia, and Malaysia

South Asia Subregional Economic Cooperation (SASEC): Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka

Bhutan-Bangladesh Free Trade Agreement



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