Dhaka, Sept. 23 -- The UK Government's revenue authority,Her Majesty's Revenue and Customs (HMRC), signed a Memorandum of Understanding (MoU) with the National Board of Revenue (NBR) of Bangladesh on Tuesday.

Through this agreement, the UK Government aims to support Bangladesh's ongoing efforts to modernise its customs administration.

The MoU outlines a framework for technical assistance and capacity building, delivered by HMRC experts to help NBR implement key customs reforms, said a press release.

This includes support for the World Trade Organisation Trade Facilitation Agreement, development of risk management systems, and expansion of the recently launched Authorised Economic Operator (AEO) programme.

These will help streamline bo...