2024-07-09 14:01:22
State Minister for Finance Wasika Ayesha Khan said that international trade digitalization will play an important role in the growth, development, sustainable and inclusive development of Bangladesh’s international trade.
He said, traditional trade involves a lot of paper documents and processes. Trade digitalization will enable faster sending of documents, verification and conducting of business from any location. Which will reduce business cost and time. This will make transactions faster and safer.
He said these things during the opening ceremony of the ‘Digitalization International Trade of Bangladesh’ workshop organized by ‘International Chamber of Commerce and Industry (ICC) Bangladesh’ at Hotel Renaissance in Dhaka on Monday (July 8) as the chief guest.
The state minister said that Bangladesh is a major export trading country. Trade for Bangladesh cross-border trade and payment is very important for digitization of our country. The government will support digitization of international trade. Today’s workshop in ICC Bangladesh will play an important role in digitalization of international trade.
The State Minister of Finance said that Bangladesh will come out of the list of least developed countries in November 2026. As a result, the country will develop in all sectors of the economy. In the context of LDC graduation, there is no alternative to increasing the tax-GDP ratio to sustain the ongoing development of the country. In this regard, the National Board of Revenue has taken initiatives to provide seamless services to taxpayers, traders and citizens by automating and digitizing the Income Tax, Customs and VAT branches.
ICC Bangladesh President Mahbubur Rahman presided over the workshop and ADB Country Director, Edmon Ginting, UNSCB Director Miz Rupa Chand and ITFC Regional Head Iftekhar Alam spoke at the workshop. ICC Bangladesh Banking Commission Chairman Muhammad A. gave a welcome speech. Rumi Ali. Nacher Ejaz Vijay, Chief Executive Officer, Standard Chartered Bank, Bangladesh gave the closing speech.