Belt and Road Initiative & Bangladesh
CENTRE FOR
11.2 Way forward for Bangladesh
•
Implementation of BRI projects will require trade facilitation reforms. Some of these
measures include standardisation and harmonisation of procedures and regulations
across countries, improvement of trade facilitation and logistics at the border, cross-
border electronic data exchange, and speedy customs clearance, and customs
cooperation and measures to ensure security of people, vehicles and cargo on the move.
Formidable resources will need to be mobilised to build the needed transport
infrastructure. Bangladesh has to mobilise domestic resources through tax reform and
public-private partnerships.
• Selection and planning of BRI projects should be sound with a full understanding of the
economic and social benefits that will be created through such projects.
• In order to address the challenges associated with the BRI projects, the Government of
Bangladesh should implement the BRI projects through open, transparent and
competitive contracting and procurement process in order to ensure the quality of the
projects.
POLICY DIALOGUE
Belt and Road Initiative & Bangladesh
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