Finance
Trade Organisations Act Cabinet clears draft of Trade Organisations Act, 2021
Own Correspondent, Dhaka, 14 December: The cabinet cleared the draft of Trade Organisations Act, 2021, which would replace the Trade Organisations Ordinance, 1961.
The directive came at the regular Cabinet meeting with Prime Minister Sheikh Hasina in the chair held at the meeting room of the Cabinet division on Monday. She joined the meeting virtually from her official residence Ganabhaban, while other ministers and officials concerned were connected from the Bangladesh Secretariat.
Cabinet Secretary Khandker Anwarul Islam informed this while briefing reporters in the Secretariat after the meeting.
The Cabinet also endorsed the list of duty-free goods and certificate of origin for other member countries under D-8 Preferential Trade Agreement (PTA).
In addition, the draft amendment to the ratified agreement to be signed between Bangladesh and the Maldives for the avoidance of double taxation and prevention of tax evasion was also approved.
Anwarul Islam said two countries brought the changes to the clause 28 of the agreement following discussions. The Prime Minister will visit the Maldives on December 22 and 23 next when a trade agreement is likely to be signed, he said.
The Cabinet was informed about the visit of Bangladesh delegation-led by Prime Minister Sheikh Hasina to the United Kingdom to participate in the COP-26 held in Glasgow on November 1 and 2 last.
Besides, it was also informed about the Prime Minister’s visit to London and Paris from November 3 to November 13 last.
