Women in trade sector voice significant challenges at IFC program
Publish- January 19, 2020, 10:49 PM
UNB NEWS - UNB NEWS
Update- January 20, 2020, 10:10 AM
Women entrepreneurs involved in the trading sector on Sunday sought a business-friendly environment in the country and highlighted the challenges they face while doing business across borders.
They observed that the business environment in the country at present lags behind in the utilisation of electronic payment and filing systems.
The women traders made the observation at a workshop on 'Challenges of Trading Across Borders Facing the Women Traders of Bangladesh: Recent Findings and Way Forward' organized by BUILD (Business Initiative Leading Development) and IFC in a city hotel.
Ferdaus Ara Begum, CEO, BUILD presented the findings of the 'Baseline Survey on Challenges of Trading Across Borders Facing the Women Traders of Bangladesh' which was conducted by BUILD in collaboration with IFC-WBG (International Finance Corporation, the private sector arm of the World Bank Group).
She highlighted the major barriers faced by the women owned enterprises relating to time, cost and process in export and import, said a press release.
She also highlighted several policy recommendations which are certified and qualified lawyers or professionals to provide services to Women of Excellence (WOE), capacity building of WOE, disaggregated data of women exporters, active help desk, etc.
Khondaker Muhammad Aminur Rahman, Member, Customs Audit, Modernization and International Trade, National Board of Revenue was the chief guest at the programme.
Extending gratitude to BUILD and IFC-WBG for taking this initiative, he said implementation of National Single Window (NSW) within two or three years will reduce many problems related to time, cost and process related to export and import of the women traders.
Some 39 departments of government will be connected under NSW which will expedite the simplification of trade related issues.
Implementation of Pre Arrival Processing will reduce the unnecessary delay in trade process of women traders.
However, he highlighted that small and medium traders being not interested in e-payment is an obstacle for traders to avail more simplified trade related services.
Mashfique Ibne Akbar, Private Sector Development Adviser, DFID Bangladesh (the UK government’s Department for International Development) Bangladesh said that public private dialogues are necessary for specifying reinvigorating measures to be taken for easing the trading process for traders.
He also said that the standards and certification for the non-traditional sectors need to be given more focus.
Sharifa Khan, Additional Secretary, Ministry of Commerce said that there is a need of formulating a dedicated service center which can provide all the trade-related information to the traders.
Pranesh Ranjan Sutradhar, Chief Controller of Imports & Exports, that there is no manual service under the OLM (Online Licensing Module) system initiated from July 1, 2019.
This has resulted in little involvement of intermediaries, reduction in time requirements, decreasing of numbers and phases of documentation.
Abdus Sattar Sheikh, Joint Secretary (Port), Ministry of Shipping said that Ministry of Shipping is willing to cooperate with the traders regarding any issue on port handling.
Kohinoor Yasmin, CEO of Taranga, said that friendly approach from the customs officials is a dire need.
AAM Aminul Ehsan Khan, First Secretary, Customs Modernization and Project Management, International Trade & Agreements, NBR said that there is a tendency among traders to use manual services rather than using online services in trade processes.
Nusrat Nahid Babi, Private Sector Specialist, IFC-WBG also spoke on the occasion.
She said that major and specific policy related interventions are very necessary to reduce the trade related problems of women traders.