Bangladesh is going to open an international trade centre (ITC) offering easy access of entrepreneurs to a world-famous trade-related online database and a web portal as part of an aggressive drive for augmenting the country's exports.
The ITC, to be set up at the office of the Export Promotion Bureau (EPB), will also assist trade-promotional organisations in formulating market-development strategies.
With a global trade-related online database 'TradeMap' and a web portal 'Product Map', the centre will be launched officially on Thursday.
The TradeMap is an online database on trade flows of goods and services that will provide detailed export and import profiles and trends for over 5,300 products in 224 countries and territories.
It will also furnish the tariff measures being pursued by any government, which is of utmost importance to initiating export-promotional drives.
On the other hand, Product Map is a Website on trade information consisting of 72 web-based portals and 20,000 companies and organisations.
Each of these portals focuses on a particular industry and presents extensive international trade statistics, tools for qualitative and quantitative market analysis, facilities to identify international trade opportunities, tools for networking, facilities to create a presence on the web and link sources of market intelligence, a demand of the present day in international trade.
