Accelerating Transport and Trade Connectivity in Eastern South Asia – Bangladesh Phase 1 Project

The development objective of First Phase of the Accelerating Transport and Trade Connectivity in Eastern South Asia Project for Bangladesh is to increase the efficiency and resilience of trade and transport along selected regional corridors in eastern South Asia. This project has three components. 1) The first component, Digital Systems for Trade, aims to support the transformation of the cross-border clearance process through the provision of digital solutions and automation to manage the projected increase in trade. 2) The second component, Green and Resilient Transport and Trade Infrastructure, aims to support green and resilient transport and trade infrastructure development along the corridors that serve as the backbone of the physical and economic integration of eastern South Asia. 3) The third component, Institutional and Policy Strengthening for Transport and Trade, is anchored in the implementation of the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), simplification and harmonization of customs procedures under the World Custom Organization (WCO) Revised Kyoto Convention, and national customs modernization plans.