In a significant step the National Board of Revenue (NBR) will formally launch Bangladesh Single Window (BSW) system next month to speed up international trade online.
The system, considered by NBR a milestone in making businesses faceless and digital, had a soft launch last month, officials said this week.
This platform aims to streamline the import and export processes by integrating multiple regulatory agencies into a unified digital framework.
The BSW is designed to automate and simplify procedures related to international trade, allowing traders to submit necessary documents such as certificates, licenses, and permits (CLPs) through a single online portal, according to NBR papers.
This initiative is expected to reduce bureaucratic delays, enhance transparency, and lower the costs associated with trade activities. Initially, seven out of the 19 targeted regulatory agencies have been integrated into the system.
These include the Directorate General of Drug Administration, the Export Promotion Bureau, the Department of Explosives, the Bangladesh National Authority for Chemical Weapons Convention, the Bangladesh Economic Zones Authority, the Bangladesh Export Processing Zones Authority, and the Department of Environment. —UNB
