The Ministry of Agriculture and Forests and Mountain Hazelnut Venture Limited (MHVL) have signed an Addendum as a clarification to the memorandum of understanding (MoU) on July 16 for plantation of hazelnuts in Bhutan. Originally, the MoU was signed with the FDI company on 29 May 2009 that paved a way for MHVL to start plantation.
The Addendum was signed to revise the price and agree on the land use protocol. Additionally, protocols for carbon credit sharing and the use of fertilisers and chemicals (in extreme cases) in line with the organic vision were formulated.
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