Sunday, 17 October, 2021

Competitiveness lies in trade easing: Tipu

  • Staff Correspondent
  • 8 October, 2021 12:00 AM
  • Print news

The government has already taken initiatives to simplify the trade procedures in a bid to remain competitive in the global market, Commerce Minister Tipu Munshi said on Thursday.

“There’s no alternative to trade and commerce for attaining the status of a developed country,” he commented.

He mentioned that Bangladesh’s competitors are now highly concentrating on easing the trade documentation process.

Addressing a certificate distribution ceremony, Tipu Munshi  said comprehensive knowledge on trade documentation and custom procedures is crucial to  building the competiveness.  Tipu awarded certificates to the participants of the training programme on “Rules and Procedures for Import and Export” organised by Bangladesh Foreign Trade Institute (BFTI) held at its conference room.

The five-day-long comprehensive training programme commenced on October 3, in which 33 local and foreign participants attended. Secretary, Ministry of Commerce, Tapan Kanti Ghosh was present as the special guest of the event.  The minister thanked BFTI for taking such a timely initiative by organizing this training programme.

The commerce secretary expressed his hope that BFTI will be able to assist the government of Bangladesh as well as the private sectors to combat upcoming trade-related challenges through quality trade-related, research, training and policy advocacies.

BFTI CEO and former commerce secretary Md Jafar Uddin chaired the closing ceremony of the training programme while Md Hafizur Rahman, Additional Secretary, ministry of commerce and Md Obaidul Azam, director, BFTI also spoke on the occasion.

Jafar uddin said BFTI has a strategic plan to organize sector-specific capacity building training programme for both public and private sectors round the year in the field of international trade.