The Governments of Bangladesh and Nepal signed a Memorandum of Understanding (MoU) on Strengthening Sanitary and Phytosanitary (SPS) Cooperation on 22 March 2021. SPS, as well as technical barriers to trade (TBT), serves as critical nontariff measures that constrain trade in the SASEC subregion.
Tags: Bangladesh, Nepal, BBIN, Energy, Trade Facilitation, Sanitary and Phytosanitary
Sri Lanka’s exports to SASEC member countries have increased from 6% to 8% in the 13-year-period from 2002 to 2015. India is Sri Lanka’s largest trading partners, according to the study Potential Exports and Nontariff Barriers to Trade: Sri Lanka National Study prepared by ADB. The study looks at ways to help Sri Lanka exports by establishing laboratory facilities for testing products and by developing the country’s regulatory framework, institutional settings, and capacity.
Tags: Sanitary and Phytosanitary, Technical Barriers to Trade, SASEC, Sri Lanka
This commentary by Ms. Ferdaus Ara Begum, Chief Executive Officer, Business Initiative Leading Development, highlights the need to improve standards regulation to increase Bangladesh's competitiveness in the export-based manufacturing industry. Recommendations include raising capacity of the Bangladesh Standards and Testing Institute to meet global standards in food safety, and involving the private sector in standard setting consultations.
Tags: Bangladesh, India, Standards Harmonization, Trade Facilitation, Sanitary and Phytosanitary, Technical Barriers to Trade, SARSO
EPing, an online alert system for updates on the latest information on regulatory requirements for international trade, was launched by the United Nations Department of Economic and Social Affairs, the World Trade Organization, and the International Trade Centre. The system enables access to WTO member notifications on TBT and SPS measures, and facilitates dialogue among the public and private sector in the early stages of potential trade issues.
Tags: Trade Facilitation, Technical Barriers to Trade, Sanitary and Phytosanitary, Trade, WTO, Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka