
29/07/2025
"In effect, the ETFA will reboot Bangladesh's trade regime with an "electronic by design" mandate. As an umbrella law, it will merge the scattered facilitation measures, obliging all the border agencies to operate on interoperable platforms like the Bangladesh Single Window. Every permit, certificate, payment, and inspection must flow online which eradicates paper trails and reduces delays and grafts. Standardised risk-based rules deliver quick clearance, especially for perishables, through pre-arrival data, post-clearance audits and formal inter-agency groups that unblock bottlenecks. The prospective Act will override the conflicting statutes and clarify the grey areas. It will also oblige the MoC to publish an annual, agency-level Trade Facilitation Review to keep reforms on track. By cross-linking existing Advance Rulings and Authorised Economic Operator provisions in the Customs Act, 2023, ETFA can knit every process into a trusted digital highway for trade."
✍️ Fuad M Khalid Hossen
Read more about the prospect and necessity of an Electronic Trade Facilitation Act (ETFA) here!
Bangladesh’s trade has doubled in a decade, yet border trade formalities remain manual, redundant, and outdated. While peers digitise, Bangladesh risks falling behind without urgent reform.