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  3. Global Alliance for Trade Facilitation (GATF) signs milestone agreement with the government of Bangladesh through Swisscontact

Global Alliance for Trade Facilitation (GATF) signs milestone agreement with the government of Bangladesh through Swisscontact

Bangladesh
Trade
24.08.2022
The Global Alliance for Trade Facilitation (the Alliance), through implementing partner Swisscontact, and the Government of Bangladesh have signed a formal memorandum of understanding (MoU) agreeing a framework of technical cooperation in digitalizing border processes at the country's Bhomra Land Port. 

The MoU was signed by Alliance Director Philippe Isler and Ms. Fatima Yasmin, Secretary of Economic Relations Division, Ministry of Finance, on June 20, 2022, under the facilitation of Swisscontact.

Modernising procedures at Bhomra Land Port is expected to reduce average clearing times for goods by 50%. 

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Bangladesh, Uganda, Cambodia
Trade
Global Alliance for Trade Facilitation
The Global Alliance for Trade Facilitation is a public-private partnership for trade-led growth, supporting governments in developing and least-developed countries in implementing the World Trade Organization’s Trade Facilitation Agreement. By bringing together governments and businesses of all sizes as equal partners to deliver targeted trade reforms, the Alliance cuts through red tape and end costly delays at borders. 
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