Boost trade facilitation to turn Bangladesh into investment hub


They mentioned that Bangladesh should focus on the Chinese, Indian, and ASEAN markets

Experts at a webinar on Monday called for boosting trade facilitation and reduction of customs tariffs and supplementary duties to turn Bangladesh into a regional transit and an investment hub.

They mentioned that Bangladesh should focus on the Chinese, Indian, and Association of Southeast Asian Nations (ASEAN) markets.

The country should also promote the Bangladesh, Bhutan, India, and Nepal (BBIN) initiative to promote connectivity and immediately ratify the Transports Internationaux Routiers (TIR) convention, they observed.

They made the observations at the webinar on “Ease of doing business: Status of 2021,” organized by the International Business Forum of Bangladesh (IBFB) and Bangladesh Enterprise Institute (BEI).