Thimphu: Predicting India’s domination of global economy within a few decades, Bhutan King Jigme Khesar Wangchuk said his kingdom’s geo-political location will be the biggest advantage in the context of opportunities for his country.
“Some say we are a country landlocked between two giant neighbours - yes we all know that being landlocked has its disadvantages but in building a strong economy our geo- political location is going to be our biggest advantage,” Wangchuk told graduates of Sherubtse College in Kanglung at its 11th biennial convocation.
“Within a few decades India and China are expected to dominate the world economy. So, in the context of opportunities we are definitely not landlocked - I think we have the world at our doorstep,” he said.
Terming India as a true source of optimism for his country, he said, “As our closest neighbour and friend, Bhutan’s rapid socio-economic growth is assisted by India’s steadfast support. As the world’s largest democracy, our young democratic system will always benefit from India’s experience. As an economic power of the future, our economy will only benefit from cooperation with India.”
He urged the students to help in the kingdom’s transition to democracy with general elections scheduled for next year.