Export Policy in Bangladesh

Topics: International trade, Export, World Trade Organization Pages: 30 (9710 words) Published: March 12, 2012
Export Policy 2009-12

Government of the People’s Republic of Bangladesh Ministry of Commerce Bangladesh Secretariat Dhaka.

Export Policy 2009-2012


SL. No 1 2

Chapters Preface Chapter One


Page No 1-2 3-5

Title, Objectives, Strategies, Application and Scope

3 4 5 6 7 8 9 10

Chapter Two Chapter Three Chapter Four Chapter Five Chapter Six Chapter Seven Annex-1 Annex-2

General Provisions for Export Steps toward Export Diversification General Export Facilities Product-Specific Export Facilities Export of Services Other Steps towards Export Promotion List of Export-Prohibited Products List of Products under Conditional Export

6-8 9-11 12-18 19-23 24 25 26 27

The Export Policy 2009-12 has been published both in Bengali and English Languages. If there is any inconsistency between the two versions, the Bengali text will prevail.

Export Policy 2009-12
Trade and Commerce is one of the prime driving forces of socio-economic development. The objectives of the trade-led growth strategy of the Government include reducing the poverty level to a half by 2015 through generation of employment and income. World trade is persistently witnessing changes and developments caused by globalization and evolving free market economy. The Export Policy primarily aims at making the economic activities dynamic and outward looking to help Bangladesh survive in the rapidly changing and competitive global trading system. This calls for increasing involvement of women in trade expansion activities by reducing discrimination between men and women, which will play a positive role in the economic development of the country through strengthening our economic foundation. It will help our exporters and producers get equipped with more strength and competitiveness needed to face the challenges of the changing global trade. In this backdrop, the government is facilitating expansion of trade and taking necessary steps to modernize and simplify the country‟s trade policy in accordance with WTO obligations and upholding country‟s interest. Recently pressure from the buyers is mounting for improvement of quality of products, export of products free from any hazardous and toxic substances, including fulfillment of other standards and compliance-related conditions. Comprehensive efforts are being made for increasing productivity and improving quality of products through fulfillment of various compliance conditions. Besides, our export market is influenced by world economic dynamics caused by globalization. Therefore, dynamics of global economy and international trade have to be monitored, and Bangladesh Missions abroad will have to play more proactive and effective role in this regard. Simultaneously, efforts will be made to hone the skills of the exporters on the rules and regulations of international trade. There is no denying the fact that the present trading system, especially the export in business is experiencing increased use of modern technology and this, in turn, is helping the exporters become more competitive. On the other hand, the objectives of reducing cost of doing business alongside enhancement of the efficiency of exporters through increased use of modern technology in the export sector could be attained. The government is firmly committed to ensuring the maximum use of e-Commerce and modern technology to accomplish this objective. Most importantly, the government is attaching more importance on converting our comparative advantages into competitive advantages through proper and efficient utilization of manpower. In order to sustain our current export growth, we need to augment the production capacity of local export-oriented industries, give more emphasis on protection of environment of the factories including execution of compliance requirements, improve the quality of the products, and above all strengthen our efforts to diversify products and their markets. All these objectives can...
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