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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.

The Business Standard · 8 সেপ্টেম্বর 2026, 6:55 বিকাল

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.

তথ্যসূত্র: The Business Standard