Friday, 20 May, 2022

MoU signed to facilitate livestock trade

  • Staff Correspondent
  • 4 March, 2022 12:00 AM
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Department of Livestock Services signed a Memorandum of Understanding with the US Department of Agriculture funded Bangladesh Trade Facilitation project.

Under the MoU, they agreed to outline collaborative efforts to streamline processes, share trade information about opportunities, and requirements for export markets.

This aims to improve Bangladesh’s international status in trading livestock products. The deal also aims to enhance the ability to use scientific methods to ensure food safety and manage risks during the import of goods.

This will also focus on expanding types, volume, and value of exports as well as reducing import time for the industry.

Director general of the Department of Livestock Services Dr. Monjur Mohammad Shahjada and country director of Land O’Lakes Venture 37 and Project Director of Bangladesh Trade Facilitation Project Michael J Parr signed the MoU on behalf of their respective organisations.

This signing ceremony was held at the Department of Livestock Services in Dhaka.

Parr, representing the USDA trade facilitation project in Bangladesh, hoped that the MoU will facilitate cross-border trade in livestock goods through collaborative and coordinated efforts.

The joint efforts will expand opportunities for the livestock industry and help the country’s economic growth, said Michael J Parr.

Dr. Shahjada thanked the USDA for responding to the Bangladesh government’s request to assist its agencies and the private sector in addressing challenges in trade facilitation.

He stated that the interconnected measures undertaken under the MoU will facilitate the expansion of trade of livestock products in Bangladesh.