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Mou on trade portal update likely


Bangladeshpost
Published : 04 Aug 2019 09:12 PM | Updated : 02 Sep 2020 11:07 AM

Commerce Ministry on August 8 would sign a memorandum of understanding (MoU) with 39 government bodies involved in offering trade related services.

The ministry has taken the move to update the trade portal https://www.bangladeshtradeportal.gov.bd/ round the clock so anyone could know the update immediately along with other information, reports BSS.

Talking to BSS, Md Hafizur Rahman Khan, director of the WTO Cell of Commerce Ministry, today said they have taken the move to update the portal to ease trade.

“We want to ensure that businessmen and others can get the last update from the trade portal immediately,” he added.

Hafizur also revealed they would assign a focal point officer for the trade portal who would ensure the update by communicating with related government bodies.

Bangladesh has launched the online trade portal, the first of its kind in South Asia, on March 14, 2016 to serve the business community with one-stop point of information for export-import.

The portal would provide an accessible, logical, helpful window for traders to access important regulatory and procedural information needed to export and import.

It stores information relating to existing trader regulations and procedures, administrative procedures, guidance notes, applicable fees, forms, licenses, permits and penalties applicable in case of breach.