Commerce Minister Announces Regulatory Reforms to Ease Business

Please find attached a press release regarding a call-on meeting held today at the Secretariat between a delegation from Business Initiative Leading Development (BUILD) and the Honourable Minister of Commerce, Khandaker Abdul Muktadir.

During the meeting, the Honourable Minister announced significant regulatory reforms, including the introduction of a 12-month provisional license for essential clearances to simplify the start-up process for entrepreneurs. The discussion also covered modernising the jute sector, expanding bonded warehouse facilities, and developing a National Traceability Strategy to maintain global market competitiveness.

We would appreciate it if you could cover this news in your esteemed publication. The full text of the press release is provided below and attached for your convenience.