Own country · at 1 min · 3 mentions in this passage
And I'm here not to sell you a product or a policy, or yet another declaration. I am here to sell you an idea. An idea conceived and spearheaded by His Majesty King Jigme Khesar Namgyel Wangchuck, an idea embraced by the people of Bhutan. An idea already being built. That idea is Gelephu Mindfulness City, GMC. And my sales pitch is simple. Come and build it with us. Now, the world has built new cities before financial centers, freeports, technology hubs, special economic zones. But GMC is different. You see, Gelephu Mindfulness City is a special administrative region, an SAR. Under its Royal Charter, GMC exercises full autonomy in governance, legislation and the judiciary. Think one country, two systems. Think of the agility of a microstate. But GMC was not inherited from history. It was not created to manage a transfer of sovereignty. It is being deliberately created by Bhutan within Bhutan on sovereign Bhutanese territory for the future. GMC covers more than 4000km². That is more than five times the size of Singapore. But its greatest opportunity is not its size. Its greatest opportunity is an institutional blank slate. GMC was given something extraordinarily rare the freedom to design an entire city and its operating systems from first principles. So we asked if you could begin again. How would you govern? What laws would you write? How would we regulate business? How would we guarantee an independent judiciary? How would we attract the best talent? How would we use technology and especially artificial intelligence? How would we create wealth while protecting nature? And ultimately, what would all that prosperity be for? These were not theoretical questions. We answered them. And we are making full use of that institutional blank slate. If Singapore has legal principles that work, we learn from Singapore. If Abu Dhabi has financial regulations that work we learn from Abu Dhabi. If leading jurists from the United Kingdom can help us build an independent judiciary, we learn from them. And if international experts can strengthen our institutions, we learn from them. The principle is simple. Search the world for what works. Take the best, adapt it, and make it work for GMC. The result is a core operating system that is now in place, designed to give investors clarity, familiarity, and predictability. But GMC's operating system was designed around a deeper conviction that prosperity and values should reinforce one another. That means rejecting the assumption that we must choose between enterprise and well-being, between technology and humanity between development and nature. At GMC, we believe a balanced approach can deliver substantial profits while protecting the values that make prosperity worthwhile. Balance is not the enemy of profit. It is the foundation of lasting profit. And at GMC, balance is not a slogan. It is built into the operating system. And this matters deeply to Bhutan. You see, Bhutan is peaceful and stable. Our forests are intact. Our culture is alive. Our people are educated. But our economy is small. It cannot yet create enough opportunities for our young people. So too many of them leave home to find opportunity elsewhere. For a country as small as ours, this is not only an economic challenge, it is an existential one. We cannot simply tell them to stay. We must give them a reason to stay and a reason to return. Jobs. Opportunities. Enterprise, a future. So Bhutan must transform. But we refuse to believe that transformation requires us to become somebody else. We want economic growth. We want investment. We want technology. We want successful companies. We want our people to become wealthier. But we also want to protect what makes Bhutan Bhutan. That is the driving force behind His Majesty's vision for GMC. And that is why His Majesty is personally spearheading its development. GMC is not a project on the margins of Bhutan. It is at the heart of our national transformation. Our people have embraced GMC as a people's project and investment in our children, our economy and our shared future. Bhutan is not waiting to see whether the world believes in GMC before committing to it.
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