Bangladesh, Oct. 20 -- The government aims to reduce the time and procedural hurdles involved in starting and operating a business by 2027, with plans to digitise licensing, simplify regulatory approvals and coordinate inspections, Commerce Minister Khandakar Abdul Muktadir said on Sunday.

He made the remarks while speaking as the chief guest at a seminar titled 'Bangladesh's LDC Graduation Trajectory: Critical Challenges and Exploring Policy Options', organised by the Economic Reporters Forum (ERF) and the Bangladesh Foreign Trade Institute (BFTI) at the ERF office in the capital. Buy Maps

The minister said it currently takes an average of 355 days to complete key procedures, from obtaining a trade licence and opening a bank account to...