Bangladesh Enhances Trade Efficiency with Wcobacked Study

Bangladesh Enhances Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) Global Trade Facilitation Programme (GTFP) held a strategic dialogue with the National Board of Revenue (NBR) of Bangladesh in February 2021 to strengthen Bangladesh's Time Release Study (TRS) capabilities. The meeting reviewed Bangladesh Customs' TRS experience and developed a future action plan to improve clearance efficiency and promote trade facilitation. The aim is to streamline processes and reduce the time required for goods to be released from customs control, ultimately boosting trade competitiveness.

01/05/2026 Customs Knowledge
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Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh's accession to the Revised Kyoto Convention marks a significant step towards trade facilitation. This convention aims to simplify customs procedures, improve clearance efficiency, enhance trade environment transparency, promote information technology application, strengthen risk management, and foster closer trade partnerships. This will inject new impetus into Bangladesh's economic development by streamlining trade processes and creating a more predictable and efficient trading environment, ultimately contributing to economic growth and competitiveness.

12/30/2025 Customs Knowledge
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Bangladesh Enhances Trade Efficiency Via Time Release Study

Bangladesh Enhances Trade Efficiency Via Time Release Study

GTFP assists Bangladesh's NBR in enhancing its Time Release Study (TRS) capabilities. The project aims to optimize processes, promote trade facilitation, and boost competitiveness. By streamlining procedures and reducing delays, the initiative seeks to attract investment and contribute to sustainable development in Bangladesh. The TRS improvement will provide valuable data for identifying bottlenecks in the import/export process, enabling targeted interventions and ultimately leading to a more efficient and competitive trade environment.

01/06/2026 Customs Knowledge
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Bangladesh Customs Boosts Trade Efficiency with Stakeholder Talks

Bangladesh Customs Boosts Trade Efficiency with Stakeholder Talks

The Global Trade Facilitation Programme (GTFP), jointly initiated by the World Customs Organization and the Swiss State Secretariat for Economic Affairs, has launched a specific assistance program for Bangladesh. This program aims to help Bangladesh Customs optimize goods release processes and improve trade efficiency. In-depth strategic dialogues were held on the issue of Time Release Study (TRS), and a comprehensive TRS work plan was developed to ensure the sustainability of goods release times and strengthen the autonomy of Bangladesh Customs.

01/26/2026 Customs Knowledge
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Kamalapur ICD Bolsters Dhakas Trade Hub Status in Bangladesh

Kamalapur ICD Bolsters Dhakas Trade Hub Status in Bangladesh

This paper provides an in-depth analysis of the strategic importance and operational dynamics of the Kamalapur Inland Container Depot (ICD) in Dhaka, Bangladesh, within the context of the country's overall maritime port system. It highlights the crucial role of this inland port in alleviating pressure on Chittagong Port, facilitating trade in the Dhaka region, optimizing logistics supply chains, and supporting inland economic development. The paper concludes by suggesting future data analysis and development prospects for the ICD.

09/29/2025 Port Encyclopedia
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Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

The WCO's GTFP assists the NBR in Bangladesh to optimize trade processes and improve efficiency. Through Time Release Studies (TRS) and workshops, it enhances transparency and risk management, fostering economic development. The TRS identifies bottlenecks and areas for improvement in customs procedures. By streamlining these processes, the GTFP contributes to faster clearance times, reduced costs for businesses, and increased trade competitiveness for Bangladesh. The focus on data-driven analysis and collaborative problem-solving ensures sustainable and impactful reforms.

02/03/2026 Customs Knowledge
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Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh has reached a collaboration with a Japanese company to jointly develop the Matarbari deep sea port in the Cox's Bazar region, aimed at enhancing international trade capacity and economic growth. The new port will feature a 460-meter container terminal and a 300-meter multipurpose terminal, with an expected handling capacity of 2.6 million TEUs, and is set to be completed by 2029.

08/05/2025 Logistics
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WCO Aids Bangladesh in Enhancing Trade Facilitation Via AEO Program

WCO Aids Bangladesh in Enhancing Trade Facilitation Via AEO Program

The World Customs Organization (WCO) provided technical assistance to Bangladesh to support the full implementation of its AEO program. Through workshops and business exchanges, the capacity of Bangladeshi customs officials was enhanced, and recommendations were provided for improving the AEO program. This project aims to improve the security and efficiency of international trade in Bangladesh and promote its economic development.

12/30/2025 Customs Knowledge
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Bangladeshs Cargo System Enhances Global Trade Efficiency

Bangladeshs Cargo System Enhances Global Trade Efficiency

To improve international trade efficiency, Bangladesh has implemented an Advance Manifest system, requiring carriers to submit manifests 24 hours before vessel departure. This initiative aims to enhance customs clearance efficiency, reduce trade costs, and strengthen security controls through pre-processing. Shippers are required to cooperate by submitting accurate shipping instructions. This system is expected to significantly contribute to trade facilitation and streamline the import/export process for Bangladesh.

09/28/2025 Logistics
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Khulna Emerges As Bangladeshs Vital Shipping and Industrial Hub

Khulna Emerges As Bangladeshs Vital Shipping and Industrial Hub

Khulna, the third-largest city in Bangladesh, is a significant industrial and commercial hub and an important inland port. Situated on the west bank of the Rupsa River, its industry is centered around shipbuilding. With a well-developed transportation network connecting Bangladesh and India, Khulna plays a crucial role in the regional economy. Its strategic location and robust infrastructure facilitate trade and contribute to the economic growth of both Bangladesh and the surrounding region.

09/29/2025 Port Encyclopedia
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