Dhaka, Nov. 24 -- Bangladesh's export sector has officially opened its doors to major global online marketplaces for selling their products with simplified documentation and revenue collection.

In a significant move, Bangladesh Bank has granted permission for local exporters to sell goods directly overseas through platforms like Amazon and eBay, creating a vast new opportunity for the country's exporters.

The central bank's Foreign Exchange Policy Department issued a circular to this effect on Monday (November 24).

The central bank stated that this new policy initiative is designed to boost Bangladesh's participation in the global online marketplace. To make cross-border e-commerce more streamlined and effective, the bank has authorize...