Mahbubul Alam, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has emphatically called for the swift implementation of the Bangladesh Single Window (BSW) project to streamline trade processes in the country.
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He made the demand while speaking as the chief guest at a workshop titled "Bangladesh Single Window - Journey towards Seamless Trade," held at the FBCCI office in Motijheel on Monday.
"As the volume of the country’s economy grows, implementing the BSW is crucial for trade expansion,” the FBCCI president said. "This system will increase revenue and reduce the difficulties faced by businesses."
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He highlighted that the BSW would lower the cost of doing business and enhance the investment-friendly environment. "Through this system, traders will access all trade-related information from a single platform, and all necessary licenses can be obtained from one place," he explained.
During the workshop, organizers noted that the trade portal and trade registration module of the BSW have already been completed. The registration process for C&F (Clearing and Forwarding) agents will become effective in the next two weeks. Additionally, the Directorate of Drug Administration, Directorate of Environment, and CLP (Customs, Licensing, and Permits) processing have commenced. The registration process for other organizations and CLP activities will start soon.
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BSW Project Director ABM Shafiqur Rahman announced that 19 agencies providing various licensing services will be integrated into the BSW system initially. The work on creating the BSW portal has been completed, and it is planned to be operational by December, Rahman said.