Country Information Export Development Canada Asia and Pacific

Bhutan

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Evaluating the market in Bhutan

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium to High Risk

Medium to High Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Bhutan

Bhutan is a small remote kingdom nestled in the Himalayas between India and China. While the public sector's hydropower industry has long been the main source of economic growth, the government recognizes that broad-based private-sector development is crucial and is taking steps towards diversifying the economy. Canadian companies looking to export or invest into Bhutan are challenged by an inefficient regulatory framework, pervasive non-tariff barriers and a rudimentary investment code. Opening the banking sector to more foreign partnerships has improved competition in the market, but the lack of access to financing is a serious constraint for potential entrepreneurs.
  • Construction & Infrastructure 
  • Environmental Infrastructure & Waste Water 
  • Power
  • Telecom
International Trade Solutions

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC