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Bangladesh Rapid eTrade Readiness Assessment

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Bangladesh  Rapid eTrade Readiness Assessment

The eTrade for all Initiative, launched at the fourteenth Ministerial Conference of UNCTAD in July 2016, is a practical


example of how to harness the digital economy in support of the 2030 Agenda for Sustainable Development,
notably Sustainable Development Goals (SDGs) 5, 8, 9, and 17. The initiative seeks to raise awareness, enhance
synergies, and increase the scale of existing and new efforts by the development community to strengthen the
ability of developing countries to engage in and benefit from e-commerce by addressing seven relevant policy
areas:
• E-commerce readiness assessment and strategy formulation
• ICT infrastructure and services
• Trade logistics and trade facilitation
• Payment solutions
• Legal and regulatory frameworks
• E-commerce skills development
• Access to financing

As part of the initiative, demand-driven assessments are envisaged to provide a basic analysis of the current
e-commerce situation in the countries concerned, and to identify opportunities and barriers. The resulting reports
will serve as a valuable input to these countries’ involvement in various discussions related to e-commerce and
digital trade, such as in the context of the UNCTAD Intergovernmental Group of Experts on E-commerce and the
Digital Economy.

It may furthermore help LDCs to identify areas in which they could benefit from assistance by partners of eTrade for all.

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.

The growth trajectory of the ICT sector, which has benefited from such collaboration in the past, is an indicator of how the e-commerce ecosystem can grow in Bangladesh. 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.

This report is expected to contribute to the ongoing efforts of the Government of the People’s Republic of
Bangladesh (GoB) to realize the vision of “Digital Bangladesh” and to build a robust, safe and business-friendly
e-commerce ecosystem.

With the eTrade for all partners, UNCTAD is committed to continue supporting Bangladesh in its resolve to
harness the potential of e-commerce for its development.

Shamika N. Sirimanne
Director, Division on Technology and Logistics, UNCTAD

 

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