Semthoka, Aug. 17 -- : Nine MoUs and one power purchase agreement were exchanged between India and Bhutan in the presence of Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering at the Semtokha Dzong here on Saturday.
"Bhutan is the second country this will be launched in after Singapore. This will be done in two phases -- the first phase will be Indian banks will issue RuPay cards which can be used by Indian travellers in Bhutan, in a bid to ease tourism in the country," Foreign Secretary Vijay Gokhale had stated at a presser preceding the PM's visit.
"The next phase will be where the banks of Bhutan will be empowered to issue RuPay cards to Bhutanese citizens to use in India," he had added.
Apart from the MoUs, the...