 Business in Bhutan, Thimphu
Syllabus of the Subject: Foreign Trade and Business in Bhutan - Thimphu
- Introduction to the Kingdom of Bhutan
- Bhutanese economy
- Bhutanese industry
- Case Study: Gross National Happiness Index
- Doing Business in Thimphu
- Foreign Trade (Import, Export) of Bhutan
- Case Study: Tashi Group
- Access to the Bhutanese market
- Business Plan for Bhutan
Bhutanese Free Trade Agreements (FTA) and Preferential Access.
- Bhutan and the Buddhist
Economic Area /
Hindu Economic Area
- Agreement on Trade, Commerce and Transit with India
- Bhutan-Bangladesh Trade Agreement
- Asian Clearing Union (ACU)
- South Asian Association for Regional Cooperation (SAARC)
- South Asian Free-Trade Area (SAFTA)
- Bay Bengal Initiative (BIMSTEC)
- Generalised System of Preferences (European Union)
- South Asia Subregional Economic Cooperation (SASEC)
The purposes of the Subject “Foreign Trade and Business in Bhutan”
are the following:
- To analyse the Bhutanese Economy and Foreign Trade (Import, Export, FDI)
- To know the business opportunities in Bhutan
- To explore the Bhutanese trade relations with the country of the student
- To know the Bhutanese Trade Agreements
- To examine the profile of Bhutanese companies
- To develop a business plan for the Bhutanese market
Sample of the Subject “Foreign Trade and Business in Bhutan”

Description of the Subject: Doing Business in Bhutan:
Bhutan has one of the highest per capita incomes in South Asia (1,321
dollars).
The Kingdom of Bhutan.
- Population of Bhutan: 768,198 people
- Bhutan is one of the smallest countries (38,394 square kilometres)
- Bhutan is a landlocked country
- Bhutanese Frontiers: China (Tibet) and India (Sikkim, West Bengal, Assam, and Arunachal Pradesh)
- Official language of Bhutan: Dzongkha
- Main Bhutanese ethnic group: Dzongs
- Type of Government: Unitary Parliamentary constitutional monarchy
- King of Bhutan: Jigme Khesar Namgyel Wangchuck
- The capital of Bhutan is Thimphu (45% of the GNP of the country)
- Bhutanese Internet TLD: bt

Buddhism (Vajrayana) is the main religion in Bhutan
- Hinduism is the second religion (30% of the Bhutanese population)
Bhutan belongs to the Buddhist Civilisation and the Hindu Economic Area

Bhutanese Economy.
- The main sectors of the economy of Bhutan are agriculture, cottage industries, and tourism
- The main Bhutanese crops are rice, wheat, maize, apples, and oranges
- Industrial sector of Bhutan (mainly located in Pasakha): cement, steel, breweries (Coca-Cola), and wood based industries
- Bhutanese Mineral resources: coal, slate, dolomite, gypsum, and graphite
- Huge hydroelectricity potential
- GDP per capita of Bhutan: 2,611 USD
- Bhutanese GDP growth: 5.4%
- The Gross National Happiness was created by His Majesty (the third Druk Gyalpo Jigme Dorji Wangchuck)
- Currency of Bhutan: Bhutanese ngultrum (BTN) and Indian Rupee (INR)
Foreign Trade of Bhutan.
- The largest Bhutanese export markets are India,
Bangladesh, the United States, the Netherlands, Germany, Singapore, and Nepal
- The main imports are oils, parts, motors, wood charcoal, rice, and coke
- The main providers of Bhutan are India, China, Thailand,
Singapore, Sweden, Saudi Arabia, and Malaysia
Global Economic Organisations
Bhutan is a member of...
- Bhutan is eligible for the European Investment Bank
-
Asia-Middle East Dialogue (AMED)
-
Asian Development Bank
- Boao Forum for Asia
- World Customs Organisation (WCO)
- Economic and Social Commission for Asia and the Pacific (ESCAP)
- Colombo Plan
- United Nations (UN)
- World Bank
(WB)
- World Trade Organisation (WTO)
- International Monetary Fund
(IMF)


(c) EENI Global Business School
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