Dhaka, Aug. 29 -- Bangladesh has moved to amend the double taxation avoidance treaty with Pakistan to boost bilateral trade and investment in the wake of the recent diplomatic correspondence between the two countries.

The initiative to amend the treaty, signed with Pakistan in 1981, came following both governments' efforts to strengthen business ties after a pause of one and a half decades.

Officials said the treaty's amendment was needed to include digital business, gig economy, and changes in patterns of bilateral trade.

The tax authorities have sent a draft of the amendments to the protocols to the Pakistan government to update the "Convention for avoidance of double taxation and the prevention of fiscal evasion with respect to taxe...