New Trade Portal Makes it Easier to do Business in Bangladesh

With the launch of its new trade portal, the government of Bangladesh’s is making import and export information more easily accessible to traders interested in doing business in the country. Bangladesh is moving towards full compliance with a new WTO agreement that asks countries to promptly publish trade-related information in an easily accessible and transparent manner.
The portal, a website that provides documents and information on the trade process, is hosted by the Ministry of Commerce with support from the World Bank Group and is expected to accelerate growth in Bangladesh and increase investments.
Currently, it takes most traders in Bangladesh between one and five days to obtain information on rules and regulations relating to their business. Now, with only a few clicks the trade portal provides information relating to existing trade regulations and procedures, including but not limited to laws, administrative procedures, guidance notes, applicable fees, forms, licenses, permits and penalties applicable in case of breach. Users can view the portal in both English and Bangla.
Press-release at the World Bank official web-site