Bangladesh, a least developed country (LDC), looking to graduate from LDC status in 2024, is exploring options of establishing trade agreements to mitigate the impact of resultant trade preference loss.
International Economics, with the support of the Bangladesh Foreign Trade Institute, assisted the Government of Bangladesh with a feasibility study of a trade agreement between Bangladesh and India. An analysis of India’s trade agreements was also conducted to recommend potential negotiation approaches.
Impact Assessment of the Bangladesh-India Comprehensive Partnership Agreement
- Country : Bangladesh
- Donor : UNESCAP
- Date : Sept. 2020-Dec. 2020
The Project at A Glance
What We Found
The aim of this project was to provide analysis of Bangladesh’s trade in goods and services with India, Regional Comprehensive Economic Partnership (RCEP) Member States and other countries, and of relevant trade and closer economic partnership agreements which India is party to. The team also evaluated the benefits/losses of Bangladesh being excluded from the RCEP and provided capacity building on regional trade agreements to the Government of Bangladesh.
Our Strategy and Impact
In particular, an analysis of Bangladesh’s commitments in the WTO was conducted along with analysis of India’s trade in goods provisions in different agreements. Possible negotiation approaches were elaborated based on the analysis. CGE modelling was also used to evaluate how the RCEP affects Bangladesh.
Our Core Solutions
Governments, international donors, and the private sector face many important questions on the expected outputs and impact before, during and after the implementation of their projects. This is where International Economics Consulting’s team of experts, using innovative methodologies to collect and analyse data, can assist you in tracking the economic, social, and environmental aspects of your project.