Speakers for improving trade facilitation, simplification of customs procedures - News Summed Up

Speakers for improving trade facilitation, simplification of customs procedures


Commerce Secretary Mahbubur Rahman said trade facilitation has overtakenrevenue growth as the primary performance benchmark for customsadministrations worldwide. Officials and employees of Bangladesh Customs should work with utmostprofessionalism and thus adapt themselves with the evolving technologicaladvancement, she said. "Trade facilitation should be a primary goal for a modern customsorganisation," he added. He observed that Bangladesh's trade tax structure remains overly complex andhigh by international standards, calling for urgent tariff rationalisationand modernisation. "Modern customs administrations must prioritise trade facilitation overrevenue maximisation," he said, adding that while overall revenue can stillincrease through higher trade volumes, trade taxes should gradually declineas a share of GDP.


Source: Bangladesh Sangbad Sangstha January 26, 2026 14:00 UTC



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