Trade Facilitation in Bangladesh through Simplification of Business Processes and Procedures

Cross-border trade and transactions require a number of steps and procedures that need to be completed. The related exercise engages several actors and requires a number of documents at various stages of the supply chain. Country-level and regional experiences indicate that removal, mergence and rationalisation of many of the involved steps can enhance efficiency throughout the entire business process, and save time and reduce the cost of doing business. This research monograph focuses on some of the key issues related to this process of trade facilitation (both import and export) in the particular context of Bangladesh. Using the Business Process Analysis (BPA) method, the study has undertaken trade process mapping for four selected products (two for export and two for import), and puts forward a set of policy recommendations for policymakers and business community with a view to simplifying and improving the efficacy of cross-border trade transactions.

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