Despite having huge potentials, trade in the South Asian region remained below expectations due to tariff and non-tariff barriers, said the country’s apex trade body here on Sunday, reports UNB. “Regional trade isn’t expanding in the expected way due to tariff and non-tariff barriers,” said President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Abdul Matlub Ahmed. Matlub hoped that the regional trade will increase significantly if the trade barriers are identified and resolved accordingly. He was addressing a seminar titled ‘Development of Land Ports and Land Customs Stations for Trade Facilitation’ at the FBCCI Bhaban. Shipping Minister M Shajahan Khan spoke on the occasion as the chief guest. Indian High Commissioner in Dhaka Pankaj Saran, Chairman of the National Board of Revenue (NBR) M Mujibur Rahman, NBR member M Farid Uddin, Bangladesh Land Ports Authority Chairman Tapan Kumar Chakrabarty, FBCCI first vice president M Shafiul Islam Mohiuddin and vice president Mahbubul Alam also spoke at the seminar.
