By Debapriya Bhattacharya and Syed Saifuddin Hossain
With the ongoing customs reforms in Bangladesh, possible future WTO negotiations on trade facilitation will have profound impacts on Bangladesh, as well as on other least developed and developing countries. These countries will benefit greatly from new trade facilitation initiatives. Simultaneously, these countries may face enormous challenges in implementing their commitments in the area of trade facilitation. It is, thus, imperative for these countries to closely monitor the Doha
The Asia-Pacific Development Journal (APDJ) is published twice a year by the Macroeconomic Policy and Development Division of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
The primary objective of the APDJ is to provide a platform for the exchange of knowledge, experience, ideas, information and data on all aspects of economic and social development issues and concerns facing the region and to stimulate policy debate and assist in the formulation of policy.
Adequate infrastructure in the four key sectors of transport, telecommunications, energy and water considered in this study is a prerequisite for opening up access to global trade and investment flows, increasing the competitiveness of production and services and thus sustaining the region’s economic growth.
By Sachin Chaturvedi
Though trade liberalization in India was launched as early as 1991, major policy attention paid to trade facilitation is a rather recent phenomenon. The Central Board of Excise and Customs (CBEC), a key government agency responsible for trade facilitation, has consolidated different initiatives in the past two years. The CBEC has accepted and implemented most of the key recommendations of Working