Strengthening Trade along the Dhaka–Kolkata Route

Strengthening Trade along the Dhaka–Kolkata Route
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 82
Release: 2021-12-01
Genre: Business & Economics
ISBN: 9292692127

The economies of Bangladesh and India are driven by fast-growing bilateral trade. The efficient movement of goods between the two countries is essential to their economic growth. However, inefficient procedures at land crossings, paired with infrastructure constraints on both sides of the border, inflate the time and costs of conducting trade. This study examines some of the key bottlenecks to trade on land between Dhaka and Kolkata, and provides recommendations on how to address them. Reducing traffic congestion along the major routes, and improving facilities and clearance procedures at the border crossings can significantly improve trade between Bangladesh and India, and contribute to more robust economic growth across the South Asia Subregional Economic Cooperation zone as a whole.

Connecting to Thrive

Connecting to Thrive
Author: Matías Herrera Dappe
Publisher: World Bank Publications
Total Pages: 167
Release: 2021-06-07
Genre: Business & Economics
ISBN: 1464816352

Because trucks in Bangladesh and India are not allowed to operate across the border, cargo is transloaded at the border, and Indian trucks traveling between northeast India and the rest of India must go around Bangladesh through the Siliguri Corridor, which significantly increases transport and trade costs. This lack of integration means that it is more costly for Bangladesh and India to trade with each other than for either of them to trade with Europe. As a result, bilateral trade represents only about 10 percent of Bangladesh’s trade and a mere 1 percent of India’s trade. Connecting to Thrive: Challenges and Opportunities of Transport Integration in Eastern South Asia presents a collection of innovative technical analyses that show what is needed to achieve seamless connectivity in the region. The report explores the extent to which the Bangladesh-Bhutan-India-Nepal Motor Vehicles Agreement (MVA) supports the cross-border operation of road transport services and identifies the gaps in the agreement that need to be addressed to improve its effectiveness. It assesses the potential shift of freight traffic to new routes and modes in eastern India and Bangladesh once the MVA is implemented and the potential impact of the MVA on wages, employment, and income in Bangladesh and India. It explores how the local impacts of a regional corridor could be enhanced in rural areas by improving access to markets along the corridors and how women’s participation in export-oriented agriculture value chains could be improved to allow women to take advantage of improved regional connectivity. Connecting to Thrive will be of interest to policy makers, private sector practitioners, and academics with an interest in regional connectivity in eastern South Asia.

Fifty Years of Bangladesh-India Relations

Fifty Years of Bangladesh-India Relations
Author: Md Shariful Islam
Publisher:
Total Pages: 0
Release: 2021
Genre: History
ISBN: 9789390095292

This stimulating book examines the key issues - including border management, water cooperation, and connectivity - challenges and possibilities in Bangladesh-India relations in the last fifty years. The book also investigates the role of the 'China factor', the role of civil society in Bangladesh-India relations and maps out the future course of actions in Bangladesh-India partnership in the post-pandemic world. The book contributes to both from theoretical and policy perspective and therefore will be immensely useful to the students of International Relations, Political Science, to academics, researchers, and policymakers with interest on Bangladesh-India relations, Bangladesh foreign policy, India's foreign policy in particular, and South Asia in general.

Evaluating Trade and Economic Relations Between India and Southeast Asia

Evaluating Trade and Economic Relations Between India and Southeast Asia
Author: Medhekar, Anita
Publisher: IGI Global
Total Pages: 347
Release: 2021-11-19
Genre: Business & Economics
ISBN: 179985776X

Owing to a strong cultural and historical bond, India and Southeast Asia have progressed rapidly. Though there are political and ideological differences between these two entities, it may not hamper the strong bond as there are many common shared values among these nations. The history of these nations identifies that the cooperation between them in terms of trade and commerce is not upheld per the given potential of these nations. In the past, the Indian economy was linked with Southeast Asian countries under the “Look East” policy, which has been re-energized again under the present government. Now, the “Look East” policy is practically more vibrant than ever before with the motto “Act East.” This policy facilitates these countries in emphasizing the importance of better regional connectivity for tourism as well as robust trade and commerce. It leads to a phenomenal growth in terms of imports and exports for these countries. Evaluating Trade and Economic Relations Between India and Southeast Asia sheds light on the trade and economic linkages between India and Southeast Asia and their impact on the nations in the past, present, and for the future. The chapters study whether the win-win strategy works for the strengthening of these countries in terms of both trade relations and political integrity, as well as in facing common enemies across international boundaries. Some of the topics covered include food security, tourism opportunities, trade blocs, trade relations, and economic relations between countries. This book is a valuable reference tool for economists, government officials, policymakers, trade analysts, practitioners, researchers, academicians, and students interested in the policies and relations between India and Southeast Asia that affect trade and the economy.

The Oxford Handbook of Indian Foreign Policy

The Oxford Handbook of Indian Foreign Policy
Author: David Malone
Publisher: Oxford Handbooks
Total Pages: 769
Release: 2015
Genre: Political Science
ISBN: 019874353X

Following the end of the Cold War, the economic reforms in the early 1990s, and ensuing impressive growth rates, India has emerged as a leading voice in global affairs, particularly on international economic issues. Its domestic market is fast-growing and India is becoming increasingly important to global geo-strategic calculations, at a time when it has been outperforming many other growing economies, and is the only Asian country with the heft to counterbalance China. Indeed, so much is India defined internationally by its economic performance (and challenges) that other dimensions of its internal situation, notably relevant to security, and of its foreign policy have been relatively neglected in the existing literature. This handbook presents an innovative, high profile volume, providing an authoritative and accessible examination and critique of Indian foreign policy. The handbook brings together essays from a global team of leading experts in the field to provide a comprehensive study of the various dimensions of Indian foreign policy.

Toward New Sources of Competitiveness in Bangladesh

Toward New Sources of Competitiveness in Bangladesh
Author: Sanjay Kathuria
Publisher: World Bank Publications
Total Pages: 165
Release: 2015-10-20
Genre: Business & Economics
ISBN: 1464806489

Bangladesh's ambition is to build on its very solid growth and poverty reduction achievements, and accelerate growth to become a middle income country by 2021, and share prosperity more widely amongst its citizens. This includes one of its greatest development challenges: to provide gainful employment to the over 2 million people that will join the labor force each year over the next decade. Moreover, only 54.1 million of its 94 million working age people are employed. Bangladesh needs to use its labor endowment even more intensively to increase growth and, in turn, to absorb the incoming labor. The Diagnostic Trade Integration Study identifies the following actions centered around four pillars to sustain and accelerate export growth: (1) breaking into new markets through a) better trade logistics to reduce delivery lags; as world markets become more competitive and newer products demand shorter lead times, to generate new sources of competitiveness and thereby enable market diversification; and b) better exploitation of regional trading opportunities in nearby growing and dynamic markets, especially East and South Asia; (2) breaking into new products through a) more neutral and rational trade policy and taxation and bonded warehouse schemes; b) concerted efforts to spur domestic investment and attract foreign direct investment, to contribute to export promotion and diversification, including by easing the energy and land constraints; and c) strategic development and promotion of services trade; (3) improving worker and consumer welfare by a) improving skills and literacy; b) implementing labor and work safety guidelines; and c) making safety nets more effective in dealing with trade shocks; and (4) building a supportive environment, including a) sustaining sound macroeconomic fundamentals; and b) strengthening the institutional capacity for strategic policy making aimed at the objective of international competitiveness to help bring focus and coherence to the government's reform efforts.

India-Bangladesh Relations

India-Bangladesh Relations
Author: Jayanta Kumar Ray
Publisher:
Total Pages: 98
Release: 2011
Genre: Bangladesh
ISBN: 9789380502649

The importance of a thorough analysis of the current state of India-Bangladesh relations can hardly be exaggerated. Sceptics may observe that India can afford to remain indifferent to relationships with Bangladesh, whereas Bangladesh cannot do so vis-à-vis India. But realities do not admit of such skeptic oversimplification. With India s northeast region remaining chronically unstable, and with count ries across this region, e.g. China and Myanmar, trying to improve their relations with Bangladesh (which itself provides a commercial gateway to India s northeast region), India has to upgrade substantially its relations with Bangladesh in order to safeguard some of its vital interests. The necessity to strengthen the South Asian Association for Regional Cooperation (SAARC) provides an additional impetus to the urgency of such upgradation. The disparity in the size and resources of India and Bangladesh are but a misleading indicator of the present importance of India-Bangladesh relations.

Potential Exports and Nontariff Barriers to Trade

Potential Exports and Nontariff Barriers to Trade
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 133
Release: 2021-11-01
Genre: Business & Economics
ISBN: 9292691066

This publication explores how Bhutan could boost its exports by addressing nontariff barriers to trade. It focuses on sanitary and phytosanitary measures and technical barriers to trade, and on export products that have the potential to increase their market share in Bangladesh, India, Maldives, Nepal, and Sri Lanka. It considers options including legal reforms, the upgrade of quality standards and laboratory equipment, and institution building of accrediting bodies and conformity assessment bodies. Practical recommendations suggest ways forward for both the public and private sectors.