Kingdom of Bhutan
Brazil was the first Latin-American country to establish diplomatic relations with Bhutan, in 2009. Brazil does not keep a diplomatic representation in the Bhutanese capital, Thimphu. The topics of the bilateral relationship are cumulatively followed by the Embassy of Brazil in New Delhi.
Bhutan is predominantly Buddhist, and values the cultural and religious integrity of its people, guided by the principle of promoting peace through dialogue. It maintains relations with relatively few countries and is known by the concept of “Gross National Happiness” (GNH), measured from the following elements: promotion of sustainable development, preservation and promotion of cultural values, conservation of the environment and good governance.
In 2009, Foz do Iguaçu hosted the 5th International Conference on the GNH index, which was attended by the then Prime-Minister of Bhutan, Jigme Y. Thinley. This was the first visit of a Bhutanese authority to Brazil.
Albeit being one of the smallest economies in the world, Bhutan has been presenting a high rate of growth (8,4%, on average), in part due to recent projects in the hydroelectric sector. The country’s productive basis remains predominantly agrarian.