Trade Facilitation Roadmap Implementation Urgent: Trade Adviser
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Photo: Collected
Trade Adviser Sheikh Bashiruddin said, the implementation of the Trade Facilitation Roadmap is urgent to meet the challenge of graduating from Least Developed Country (LDC). We need to build our skills and competitive spirit to meet this challenge.
He said this while addressing the 8th meeting of the National Trade Facilitation Committee (NTFC) organized by the Ministry of Commerce at the Biam Foundation Multipurpose Hall in Dhaka on Tuesday (February 4) afternoon.
Lutfe Siddiqui, Special Envoy of the Chief Adviser on International Affairs, was present as a guest at the meeting.
Sheikh Bashiruddin said, we are going to graduate from LDC in November 2026. Due to this graduation, we will be required to comply with various rules in terms of exporting goods in the future.
He also said that the key to overcoming the shock that this will bring to our economy is to increase capacity. That is why we have to increase our competitiveness through efficiency. There is no other option.
The trade adviser said that we have time until 2030. I think it is a long time. I think if we graduate from LDC in 2026, it is possible to set a specific target if our working groups work together.
Lutfe Siddiqui said that we have to set a specific time frame and implement the activities. We have to increase capacity, as well as facilitate business. We want to increase coordination and cooperation.
The meeting was attended by the Senior Secretary of the Ministry of Shipping, Secretary of the Bridges Division, Secretary of Legislative and Parliamentary Affairs, Secretary of Posts and Telecommunications, Secretary of the Ministry of Commerce (Routine Responsibilities), Chairman of the Bangladesh Trade and Tariff Commission, Administrator of FBCCI-I, Chairman of the Land Port Authority, Chairman of the Chattogram Port Authority, Vice Chairman of EPB and Additional Secretary (FTA) of the Ministry of Commerce and other committee members.