Dhaka, Nov. 30 -- Speakers at an event on Sunday underscored the urgent need to strengthen its national product traceability systems as global markets, especially the European Union, roll out new requirements tied to the circular economy, Digital Product Passports (DPP), responsible business conduct and sustainability reporting.

The issue was highlighted at a high-level policy meeting titled Enhancing National Traceability for EU Market Access and Sustainability, organised by the Commerce Ministry in collaboration with GIZ under its STILE-II project. Commerce Secretary Mahbubur Rahman chaired the discussion held at the ministry's conference room.

Business Initiative Leading Development (BUILD) served as the thematic and research partner...