UNB, Dhaka
A new web portal, ‘Bangladesh Trade Portal’, the first of its kind in South Asia, was officially launched on Sunday to make export and import easier serving the business community with a one stop point of information. Hosted by the Ministry of Commerce with support from the Trade and Competitiveness Global Bank provides an logical, helpful traders to access important regulatory and procedural information needed to export and import. Bangladesh Trade Portal is an important step for the government towards improving the predictability and transparency of the country’s trading laws and processes, said a statement distributed among journalists in the launching ceremony held at Sonargaon Hotel. This is in line with the government’s commitment to facilitate information sharing, the 7th Five Year plan which focuses on accelerating economic growth, as well as compliance with Article 1 of the Trade Facilitation the World Trade Organisation. Operable in both Bangla and English, the portal stores information relating to existing trade regulations and procedures, including but not limited to laws, administrative procedures, guidance notes, applicable fees, forms, licenses, permits and penalties applicable in case of breach.
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