Dhaka, June 20 -- Quick trade clearance will cut cost and time for businesses as automated issuance of documents for export-import clearance on a single platform begins now under a reform recipe.

The National Board of Revenue (NBR) has automated the trade- clearance process -- a long-felt need to upgrade Bangladesh's external trade apace with the fast-moving world.

With this mechanisation of the outworn manual trade-clearance procedure, importers and exporters will get the certificates, licences and permits (CLP) from 19 major government entities from July 1, 2025 without having to move door to door.

The NBR says in a statement about the launch of the system that the automated issuance of CLP would "encourage foreign and local investme...