Adoption of risk management system stressed to boost trade efficiency
DHAKA, Nov 19, 2023 (BSS) – Businessmen have urged the government for the
inclusion of risk management system in the import procedure to reduce time
and cost to conduct trade.
They emphasized on a major reform in the next Import Policy Order and
demanded lifting the 100 percent inspection requirement for imported
agricultural and food products.
The issues were raised at a seminar titled, “Issues of Cross-border Trade:
Importance of Risk Management System in Supply Chain of Agro-products”
jointly organized by the Federation of Bangladesh Chambers of Commerce and
Industry (FBCCI) and USDA-funded Bangladesh Trade Facilitation Project (BTF),
held today at the FBCCI Auditorium in the capital.
Speaking on the occasion as the chief guest, Agriculture Minister Dr.
Mohammad Abdur Razzaque highlighted the country’s self-sufficiency in food
grains and the government’s efforts to modernize and commercialize the
agriculture sector.
He revealed plans to allocate space near the capital for testing agricultural
products, aiming to streamline the clearance process and minimize time and
cost for…
