Dhaka, May 19 -- The interim government is set to reduce import duties on at least 100 types of goods in the upcoming budget, aiming to create a favourable ground for negotiations following the additional tariffs imposed by the United States.

Chief Advisor Muhammad Yunus gave provisional approval to this move during a meeting with the National Board of Revenue (NBR) on Monday.

The financial advisor, NBR chairman and senior officials from the Income Tax, value-added tax (VAT), and Customs policy branches as well as the first and second secretaries were in attendance.

The meeting began at 4:40pm and concluded around 7:10pm.

An official present at the meeting told bdnews24.com, "We proposed zero duties on 100 tariff lines, keeping in min...