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Context:
NPCI arm to extend BHIM UPI payments system to Bhutan.
More about news:
About UPI:
Significance:
Overview of indo-Bhutan relations:
Diplomatic relations between India and Bhutan were established in 1968 with the establishment of a special office of India in Thimphu.
Buddhist links: Common Buddhist links provide long term support to India-Bhutan diplomatic relation and for the regional order.
The major items of export from Bhutan to India are electricity, ferro-silicon, portland cement, dolomite, carbides of calcium carbides of silicon, cement clinkers, timber and wood products, potatoes, cardamom and fruit products.
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