Bangladesh: Supporting the SASEC Integrated Trade Facilitation Sector Development Program
The transaction technical assistance (TA) will support the implementation of the policy-based component of the sector development program and help strengthen the capacity of the National Board of Revenue (NBR) to execute the reform measures covered in the policy conditions. The reforms are in line with the priority areas of Bangladesh’s Customs Modernization Strategic Action Plan and the efforts of the NBR to implement the WTO TFA. The transaction TA will help execute policy actions that speed up clearance of international cargo, improve customs compliance, enhance coordination among cross-border border agencies, strengthen border and customs infrastructure, and lead to better administration of customs laws and regulations.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
29 Dec 2022 Technical Assistance Bangladesh Trade Facilitation Ongoing $1.50 million | |
| KEY OUTPUTS |
Assessment of the impact of modern customs processes at border crossing points Preparation of road map and plan for operationalization of the central customs laboratory, customs regional training academy, and central customs warehouse Strengthened capacity of the National Board of Revenue to implement modern processes at border crossing points Strengthened capacity of project implementation units |
| FINANCING |
$1.5 million (Technical Assistance Special Fund) |
