"Very often, the Chattogram port faces severe congestion for the delay in releasing the goods, eventually raising the cost of doing business for the users," the report said.
It said small businesses, particularly those involved in trading goods, suffered the most as they needed certificates from government agencies, but they did not have much knowledge and financial capability, according to reports in the country’s newspapers.
Regulatory complexities, scarcity of land, poor infrastructure, and poor road connectivity are major trade barriers, although Bangladesh has progressed a lot and economic development is laudable.
Speaking at the launch, Japanese envoy to Bangladesh Ito Naoki said a lot of Japanese companies are expanding operations in the country. The Japanese Economic Zone in the country will be operational next year, he added.
Fibre2Fashion News Desk (DS)
| On 26th Oct 2021
South Korea and Cambodia have signed a free trade agreement to deepen ...
| On 26th Oct 2021
UK retail sales volumes fell by 0.2 per cent in September following...
South Korea recently signed a free trade agreement with the...
Occam's razor principle and purpose-driven innovations
Uniform designing is a numbers game
National Institute of Fashion Technology
Campus placements are low due to lockdowns
Yawer Ali Shah
Synthetic colours and dyes were all the rage till the very first ban on...
Vikash & Vishal Pacheriwal
Launched in 2018, Raisin is a contemporary fusion fashion brand that aims...
Seraphine is a British maternity brand providing affordable luxury fashion ...
Hologenix is a material sciences company dedicated to developing products...
German company Dilo Group is one of the leading equipment suppliers of...
Loomia designs and manufactures soft circuit systems that can be produced...
Label Gaurang Shah
Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...
Label Gavin Miguel
Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...
Label Reynu Taandon + Nikhita
Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.