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Analysis of Agri-Food Trade Structures

To Promote Agri-Food Trade Networks

In the Islamic Countries

80

1.

Highly concentrated agri-food trade products and markets

:

Bangladesh agricultural

exports and imports items are highly concentrated and only 10 products account for more

than 85% of its total agri-food trade. Similarly, the country’s major share of agricultural

exports and imports are also limited to a limited number of destination and source

countries.

2.

Lack of effective bilateral and regional trade agreements with other OIC members:

Bangladesh yet to have any bilateral trade agreements with any of the OIC members and

the Trade Preferential System among the Member States of the OIC has yet to be

operationalized. These affect market access of two way agricultural trade between

Bangladesh and other OIC members.

3.

Mutual recognition of standards and quality certification:

One of the major factors

hindering the expansion and strengthening of the country’s agri-food networks is the non-

recognition of its standards and certification by its trading partners.

4.

Trade related infrastructure:

The country’s ports and internal road and railway

infrastructure have not been fully upgraded to meet the growing needs of its trade sector.

They often negatively affect the country’s agricultural trade performance and hinder

exploration of its full potential.

5.

Quality infrastructure:

Although Bangladesh adopted a National Quality Policy to

upgrade its quality infrastructure; there are significant challenges that remain unattended

in terms of setting up a comprehensive standards and conformity assessment system to

meet the requirements of upstream export markets.

Indeed, the earliest entry into force and operationalization of the Trade Preferential System

among the Member States of the OIC would facilitate both export and imports of agricultural

trade between Bangladesh and other OIC members. Although, Bangladesh along with few other

OIC members has submitted its updated concession lists, other OIC members could take

appropriate initiatives to operationalize the TPS-OIC. The OIC members could also consider,

either collectively or bilaterally, potential collaboration with Bangladesh to address its pressing

trade related infrastructural requirements. Regarding quality infrastructure related

bottlenecks, there is a clear recognition among stakeholders that harmonization with

international standards represent a sensible starting point for developing acceptable

standardization and conformity assessment system that can form the basis for upgrading trade

competitiveness of the agricultural sector of the country. Joining and working under the

framework of the Standards and Metrology Institute for the Islamic Countries (SMIIC) could be

certainly foster such collaboration with other OIC members. Harmonization and mutual

recognition of Bangladesh’s GIs, in particular between other OIC members, could be another

potential area of mutual cooperation. These will undoubtedly help to boost Bangladesh’s

agricultural trade with both regional partner countries as well as OIC member counties with a

view to building sustainable regional and OIC-wide agricultural trade networks.