|Diagnostic Trade Integration Study (DTIS)||2012|
With local stakeholders and development partners, EIF is supporting Bhutan in incorporating trade into its national development strategy. Key strategies include diversification of export markets, trade liberalization, private sector and infrastructure development, and institutional and professional capacity development.
EIF is working for institutional strength for trade mainstreaming, donor coordination and resource mobilization to address trade-related needs.
- Bhutan’s trade strategy is included in its Economic Development Policy 2014 and the Eleventh Five Year plan (2013-2018).
- Bhutan Chamber of Commerce and Industry was established as a forum to discuss business-related issues in the economy and for consultation with the government.
- Gross National Happiness Commission meets every six months with donors to enhance government-donor consultations and public-private communication.
- EIF National Implementation Unit (NIU) has been fully integrated into the Ministry of Economic Affairs (MEA).
- Regional Trade and Industry Offices have been set up in various parts of the country to help carry out trade/commerce-related service delivery by the Ministry/Department of Trade.
- Government to Citizen Service Portal visualizing all public services online has been initiated. MEA has more than 35 services rolled out among which the majority are trade related.
- Export exhibition centre was established in Thimphu in February 2017 with the aim to promote local products and exports by showcasing products and information of more than 50 private firms and cooperatives, contributing to the Eleventh Five Year plan.
- The project partly funded the drafting and finalization of the Draft Competition Policy and the Draft Trade Development Act.
- Trainings for 21 officials were held on business opportunity identification and innovative strategies for promotion of cottage and small industries; administrative support, personnel and office management; and statistical analysis of data and report generation plus use of STATA software. Training programmes, bilateral discussions as well as institutional visits have been undertaken in Japan, Malaysia and the Philippines.
Enhancing trade – E-infrastructure
The project seeks to provide a sounder Information and Communications Technology (ICT) ecosystem for trade development by accelerating access to ICT for targeted sectors (goods and services) and improving data, information and business opportunities available on improved electronic platforms.
The project is based on the rationale that a reliable ICT ecosystem (hardware and software) accelerates the integration of Bhutan into regional and global trade.