Govt body to simplify export procedures

MNA Business Desk: The government has formed an inter-ministerial body to lower the number of documents required for exports as part of easing doing business in line with the standards set by the World Bank, an official said.

Additional secretary of the ministry of commerce Tapan Kanti Ghosh is heading the 10-member body peopled by representatives from the Bangladesh Bank, National Board of Revenue, Export Promotion Bureau, Office of the Chief Controller of Import and Export, and other relevant parties.

The move comes a day after Bangladesh ranked 176th among 190 nations in the World Bank’s Ease of Doing Business Index-2019, which drew widespread criticism.

In the ranking, Bangladesh was behind all South Asian nations, including war-ravaged Afghanistan.