Thrust on tariff rationalisation for export diversification

Participants at a workshop on Thursday stressed the need for tariff rationalisation in order to effectively diversify the country's export basket.

The workshop titled 'Tariff Modernisation for Export Diversification' was jointly organised by the National Board of Revenue (NBR) and the World Bank Group in the city, according to a statement.

NBR Chairman Md Mosharraf Hossain Bhuiyan inaugurated the workshop. NBR Member (Customs Policy and ICT) Md Firoz Shah Alam and BICF Programme Manager Dr M Masrur Reaz addressed the workshop.

Dr Zaidi Sattar, Chairman, Policy Research Institute (PRI), gave a presentation highlighting the issues related to current tariff structure and a way forward for Bangladesh.

Senior officials of NBR and PRI, representatives from DFID and World Bank Group joined the workshop.

The workshop was told that NBR has decided to develop a tariff modernisation roadmap for Bangladesh, which would be implemented over the next couple of months prioritising the export-driven growth vision of Bangladesh.