Trade and Transport Facilitation Monitoring Mechanism in Bhutan

Baseline Study

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Cover of the book Trade and Transport Facilitation Monitoring Mechanism in Bhutan by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292579104
Publisher: Asian Development Bank Publication: September 1, 2017
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292579104
Publisher: Asian Development Bank
Publication: September 1, 2017
Imprint: Asian Development Bank
Language: English

The establishment of a Trade and Transport Facilitation Monitoring Mechanism (TTFMM) is important for a country to take stock, identify bottlenecks, and prioritize recommendations for the implementation of trade facilitation measures. A baseline study is the first step to establish TTFMM. This report reviews trade and transport procedures in Bangladesh, highlights the importance of monitoring trade and transport facilitation, and lays a foundation for future studies and establishment of long-term, sustainable TTFMM. In light of the Bangladesh, Bhutan, India, and Nepal Motor Vehicle Agreement, the report presents both the challenges and enormous opportunities for enhancing efficiency along Bangladesh, Bhutan, India, and Nepal corridors.

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The establishment of a Trade and Transport Facilitation Monitoring Mechanism (TTFMM) is important for a country to take stock, identify bottlenecks, and prioritize recommendations for the implementation of trade facilitation measures. A baseline study is the first step to establish TTFMM. This report reviews trade and transport procedures in Bangladesh, highlights the importance of monitoring trade and transport facilitation, and lays a foundation for future studies and establishment of long-term, sustainable TTFMM. In light of the Bangladesh, Bhutan, India, and Nepal Motor Vehicle Agreement, the report presents both the challenges and enormous opportunities for enhancing efficiency along Bangladesh, Bhutan, India, and Nepal corridors.

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