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Bangladesh Rapid eTrade Readiness Assessment

image of Bangladesh Rapid eTrade Readiness Assessment

The eTrade Readiness Assessment of Bangladesh focuses on examining seven key policy areas that are most relevant for e-commerce. Within each area, critical readiness gaps are identified and relevant recommendations are proposed to overcome barriers and bottlenecks to the growth of digital trade. Bangladesh has made significant strides in the ICT area, and its efforts to develop the digital economy with strong public and private sector collaboration is a case-study in policy development. Indeed, with its young, dynamic and IT savvy population, Bangladesh is fertile ground for e-commerce to take root and benefit companies and end-consumers alike.

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Executive Summary

The national development agenda of Bangladesh is driven by the Vision 2021, launched in 2010, which articulates a framework for achieving key developmental goals for the country by the year 2021. The goals envisage an ambitious future ranging from “possessing an efficient, accountable, transparent and decentralized system of governance” to “a poverty-free middle-income economy” to “a globally integrated regional economic and commercial hub”. In order to realize these goals, the Government has firmly positioned ICT as an enabler in this framework through its “Digital Bangladesh” initiative, comprised of four pillars: (1) Digital Government (i.e., public service delivery), (2) ICT in Business (i.e., private sector opportunities), (3) Connecting Citizens and (4) Human Resource Development. Several projects for digitalization have been completed and some others are under way in support of this initiative.

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