Free Demo Request

Cash Ban Affects Trade With Bhutan

Date 01-Dec-2016
Subject Cash Ban Affects Trade With Bhutan

NEW DELHI: The demonetisation drive has adversely impacted India’s border trade with Bhutan, Delhi’s closest neighbour in South Asia.

Farmers and exporters in Bhutan’s Phuentsholing town bordering India have been badly hit following the currency ban. Cardamom and potato supply from Bhutan to India has dropped drastically as Indian traders are struggling to make payments in cash, informed sources said.

Indian currency is used as a legal tender in Nepal and Bhutan. Phuentsholing is the main land border entry point between India and Bhutan.

Source: Economictimes.indiatimes.com

High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard