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book January 01, 2007

Towards BIMSTEC-Japan Comprehensive Economic Cooperation Bangladesh Perspective

Trade Architecture, Connectivity and Quality Investment

Bangladesh Institute of International and Strategic Studies (BIISS) DOI
Towards BIMSTEC-Japan Comprehensive Economic Cooperation Bangladesh Perspective
Publication Details
  • DOI 10.0000/book-21-xxi2fj
  • Publisher Bangladesh Institute of International and Strategic Studies (BIISS)
Overview
The overview converts analysis into an execution roadmap across three horizons. Near term (0–24 months): pilot streamlined customs and border procedures on selected corridors; mutual recognition of testing for a short list of export products; and a Bangladesh–Japan private sector council focused on aftercare and regulatory feedback. Medium term (2–5 years): complete port modernization phases, operationalize plug-and-play serviced land in economic zones, and co-develop supplier upgrading programs tied to Japanese procurement. Long term (5+ years): negotiate a comprehensive framework that covers goods, services, investment, competition policy and digital trade, with safeguard clauses and transparent dispute settlement. Throughout, the book urges discipline: credible timelines, open data on trade facilitation metrics (clearance times, inspection rates), and measurable local content and skills outcomes. A governance spine—inter-ministerial tasking, problem-solving cells and annual public reviews—keeps reforms on track. The central message is practical optimism: align Bangladesh’s comparative advantages with Japan’s quality investment ethos and BIMSTEC’s regional scale to build durable competitiveness.
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Abstract

This book explores how Bangladesh can leverage a triangular cooperation track linking BIMSTEC economies with Japan’s experience, capital and standards to accelerate trade, logistics and industrial upgrading. It begins by situating BIMSTEC in the evolving Indo-Pacific economic geography—rising Bay of Bengal shipping, power trade prospects, and India–ASEAN supply-chain interfaces—and explains why Japan’s “quality infrastructure” emphasis and production networks align with Bangladesh’s export diversification goals. Chapters map tariff and non-tariff barriers, rules of origin and standards issues across priority sectors: apparel backward linkages, pharmaceuticals, agro-processing, leather goods, light engineering and ICT-enabled services. Connectivity analysis examines ports, special economic zones and economic corridors, outlining bottlenecks in customs, trucking, cold chains and standards certification. Finance chapters detail blended structures—public funds, ODA, guarantees and private capital—for projects that meet environmental and social safeguards. Case studies highlight how Japanese firms assess policy predictability, dispute resolution and aftercare, and how Bangladesh can de-risk entry through one-stop services and stable incentives. The text proposes a stepwise pathway from business facilitation and regulatory coherence to a deeper economic partnership, arguing that Bangladesh should pursue strategic autonomy while locking in high-quality investment and technology transfer.

How to Cite
BIISS (2007). Towards BIMSTEC-Japan Comprehensive Economic Cooperation Bangladesh Perspective. Bangladesh Institute of International and Strategic Studies (BIISS). https://doi.org/10.0000/book-21-xxi2fj
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