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Significance
In a bid to support the recovery of its pandemic-hit economy, it late last year issued its first sovereign bond, for local investors. Separately, boundary disputes with China remain a source of concern in the kingdom.
Impacts
India will continue to exert strong influence over Bhutan’s foreign policy.
Many countries will likely adopt aspects of Bhutan’s Gross National Happiness agenda.
Bhutan will step up efforts to secure more AstraZeneca jabs so it can administer enough second doses of the vaccine to its adult population.
Keywords:
Bhutan,
AP,
China,
India,
United Nations,
economy,
industry,
international relations,
politics,
social,
bonds,
border conflict,
debt,
foreign policy,
government,
health,
investment,
road,
foreign investment,
foreign trade,
military,
religion,
retail,
tourism
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
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