Dhaka, April 29 -- Bangladesh will move to remove long-standing trade barriers and reform regulatory barriers as part of its own economic necessity, Commerce Minister Khandakar Abdul Muktadir said on Tuesday.

"We are left with no other option but to remove the bottlenecks," he said, responding to US calls for faster implementation of the Agreement on Reciprocal Trade (ART).

Addressing a high-level luncheon and policy dialogue hosted by AmCham Bangladesh at Sheraton Dhaka, the minister said the country was committed to opening up its market, simplifying business procedures and creating a more investment-friendly environment for both local and foreign investors.

Responding to concerns raised at the meeting by US Ambassador in Dhaka Brent...