No substitute without making business easier to move forward in world trade

Sunbd Desk || Published: 2021-08-08 14:26:22 || Updated: 2021-08-08 14:26:22

Commerce Minister Tipu Munshi said there was no alternative to facilitating trade in order to move ahead in a competitive world trade. The Government of Bangladesh has taken various initiatives to reduce the time, cost and simplification of company registration for business. In recognition of this, the Prime Minister has conferred the post of Public Administration 2021 on the Directorate of Joint Capital Companies and Firms (RJSC).

Commerce Minister Tipu Munshi said there was no alternative to facilitating trade in order to move ahead in a competitive world trade. The Government of Bangladesh has taken various initiatives to reduce the time, cost and simplification of company registration for business. In recognition of this, the Prime Minister has conferred the post of Public Administration 2021 on the Directorate of Joint Capital Companies and Firms (RJSC).

Bild Chairperson Abul Kashem Khan presented the keynote address on the topic in a webinar by Bild Chief Executive Officer Ferdous Ara Begum.

Special guests on the occasion were Commerce Secretary Tapan Kanti Ghosh, Acting Deputy Office Director of Feed the Future Office of Economic Growth USAID Rebecca Monikeala, Acting Chairperson of Feed the Future Bangladesh Improving Trade and Business Enabling Environment Activities.

The Commerce Minister said that automation has already been introduced in the field of company registration and many reforms have been made along with it. RJSC operates under certain laws. Traders are now getting digital company registration services in a short time and at low cost. This benefit will increase in the future. The situation in Bangladesh has improved a lot in ‘Ease of Doing Business’, there will be more. This requires the sincere cooperation of all concerned. The formalities of conducting domestic and international trade have become much easier.

The Commerce Minister said the government is working not only to reduce time and cost, but also to make more visible improvements in Ease of Doing Business through necessary reforms in the future. Businessmen and investors in the country are now enjoying the benefits of digital registration system.

Sunbd/NJ

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