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Commerce Sec for implementation of proposed reforms of BUILD 394 Jafar Uddin Secretary has assured for implementation of the proposed reform of Business Initiative Leading Development (BUILD) for export diversification and supportive policies for Non- ready-made garments (RMG) sectors. Trade and Investment (T&I) Working Committee of BUILD on December 31 last at the auditorium of the Ministry of Commerce at the secretariat here. Trade and Investment Working Committee meeting. He said the proposals raised at the Trade and Investment Working Committee meeting should be sent to the Ministry of Co...

Lobby trading partners for duty benefit after LDC graduation Apex MD Syed Nasim Manzur suggests at virtual discussion Star Business Report Star Business Report Bangladesh should lobby its major trading partners, including China, Japan, India and the European Union, to safeguard duty privileges for export growth once it leaves the group of least developed countries (LDCs), believes a leading entrepreneur. By 2050, the Asian region will possess 50 per cent of the world's wealth and Bangladesh should also focus more on its markets like China, Japan and...

news Experts for concerted steps to ensure smooth LDC graduation The New Nation Business Desk : Experts at a webinar on Sunday stressed the need for taking some concerted steps like promoting export competitiveness, reducing dependency on revenue from imports, raising the tax-GDP ratio as well as expanding the tax net, and putting utmost priority to the trade policy options with EU and UK in a bid to ensure smooth LDC graduation of Bangladesh. They also suggested for prioritizing those FTAs only where export market access is critical, becoming selective about FTAs as "mad rush...

Experts for concerted steps to ensure smooth LDC graduation 416 DHAKA, Dec 20, 2020 (BSS) – Experts at a webinar today stressed the need for taking some concerted steps like promoting export competitiveness, reducing dependency on revenue from imports, raising the tax-GDP ratio as well as expanding the tax net, and putting utmost priority to the trade policy options with EU and UK in a bid to ensure smooth LDC graduation of Bangladesh. They also suggested for prioritizing those FTAs only where export market access is critical, becoming selective about FTAs as “mad rush” to any FTA will ...

Future of export hinges on continuity of EU duty benefit PRI study says PRI study says The future of Bangladesh's exports heavily depends on the continuation of duty-free privileges to the European Union, the country's largest export bloc, following the 2024 status graduation, according to findings of a study released yesterday. If the EU extends the duty privileges, then other developed countries will follow suit, said MA Razzaque, research director of Policy Research Institute (PRI). As a least developed country (LDC), Bangladesh currently enjoys duty-free access to the EU under the latter'...