As Bangladesh prepares for its graduation from the Least Developed Country (LDC) status, the World Bank has recommended a series of trade reforms. The proposed measures include implementing phased tariff cuts, eliminating para-tariffs, and pursuing deeper trade agreements to bolster the nation's overall trade competitiveness.
Economy
World Bank suggests phased tariff reforms to enhance Bangladesh's trade competitiveness
The World Bank has advised Bangladesh to implement phased tariff reductions and remove para-tariffs to improve trade competitiveness ahead of LDC graduation.
Source: The Business Standard