Parliament on Tuesday passed the Trade Organisation Bill, 2022 was allowing foreign traders to form joint-trade bodies in Bangladesh.
Commerce Minister Tipu Munshi moved the bill and it was passed by voice vote.
This will replace the Trade Organisations Ordinance, 1961.
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The legislation stated that some legal bases have been laid down for the women entrepreneurs in trade organisations through licensing.
A provision has been made for a joint chamber of commerce and industry (between countries) and a chamber of commerce and industry alliance.
The foreign traders will be able to form a joint chamber.