Commerce Minister Khandakar Abdul Muktadir today said an initiative is being taken to launch a single-service online system to reduce the complexity of the approval process in the ship recycling sector

Bangladesh ratified the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships 2009 in June 2023, and it will enter into force in June 2025.

Bangladesh should ratify the Hong Kong Convention, as the declaration will help the south Asian country become the leader in the ship recycling industry, Norwegian Ambassador Espen Rikter-Svendsen said today.