'Exploitation of loopholes in the regulations by existing businesses leads to sufferings for both the customers and the new businesses'
Bangladesh should improve internet quality and accessibility to reap the benefit of digitalization in trade and services, said experts at a virtual dialogue on Monday.
They said Bangladesh should increase internet affordability, ensure quality internet and ICT skills development, reduce digital divide and urgently address policy gaps related to trade in digital services.
Centre for Policy Dialogue (CPD) and Friedrich Ebert Stiftung (FES), Bangladesh jointly arranged the dialogue on ‘’Trade in Services in the Digital Age.”
“Not only accessibility to the internet, but also the quality of internet is extremely important for the delivery of digital services,” said Dr Ratnakar Adhikari, Executive Director for Enhanced Integrated Framework (EIF) at the World Trade Organisation (WTO).
Talking about the internet affordability, he said the internet price is relatively high in Bangladesh.
According to the Affordability Drivers Index by Alliance for Affordable Internet, Bangladesh ranks relatively better among LDCs, but the countries like Senegal, Cambodia, Rwanda and Nepal are ahead of Bangladesh in terms of affordability, said Dr Adhikari.