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Aniduddha awarded medal by Belarus govt

Aniruddha Kumar Roy, managing director of RMM Group was awarded a jubilee medal by the Belarus government. Mr Aniruddha, also Honorary Consul of Republic of Belarus in Bangladesh for last four years, was recognised for his contribution in strengthening economic,...

The World Trade Organisation (WTO) members agreed on Tuesday to renew a 20-year moratorium on placing tariffs on digital trade for six months, allaying fears that people would have to pay duties on e-books and software for the first time. The moratorium on digital trade worth an estimated $225 billion a year has been in place since 1998, but was due to expire in December and required unanimity at the WTO for renewal.  “Members agree to maintain the current practice of not imposing customs duties on electronic transmissions until the 12th Ministerial Conference,” the General Council’s decision said, referring to a WTO meeting in Kazakhstan in June. The decision came after talks ran late into Monday evening, two trade officials...

Tannery relocation yet to yield benefits

The relocation of tanneries from Dhaka city to Savar has hardly yielded any benefit for the sector so far while making almost no contribution to better the environment and ensure labour rights, speakers said at a dialogue on Monday. They...