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The Financial Express

Use of rail cargoes to halve import cost

Transportation of goods through rail cargoes on the Benapole-Petrapole route could reduce the import cost of goods by 50 per cent and ensure fastest delivery after customs assessment, customs authorities said. The time needed for importing goods, including transportation and...

Foreign buyers who cancelled RMG orders from Bangladesh amid corona pandemic has committed an irresponsible act. Foreign Minister Dr AK Abdul Momen made the comment while talking to Irish Deputy Prime Minister and Foreign Minister Mr. Simon Coveney. The FM said such irresponsible behaviour by foreign companies is adversely affecting 4 million RMG workers in Bangladesh, most of whom are women, a foreign ministry spokesperson said on Wednesday. He requested Irish companies to honour their contract. Dr Momen informed his counterpart about the availability of a huge pool of IT experts (6,00,000) whose expertise could be used by Ireland. He also requested the Irish Government to ease and facilitate visa procedures for Bangladesh nationals. The Irish Deputy Prime Minister highly...

Coronavirus halts PTA bid for months

The signing of preferential trade agreements (PTAs) with three friendly nations has been delayed for months as the economy is battling the global COVID-19 fallout, officials have said. Trade officials had set a target to conclude PTAs by this month...