We are submitting assignment on “Export-Import” course on “Non-Tariff barriers on Bangladesh by India.” There we have given secondary data and collected them from internet. To accomplish the assignment we needed documents on Bangladesh-India export-import articles, news bulletins, essays on two countries internal relationship and so on. We are expecting that you will be pleased enough with our performance and in case any problem arise we will be available to provide you relevant information. We have given our best effort to complete the assignment so if any flaw has found it is expected that you will consider. At the end we are thanking you to give us such as opportunity to increase our ability in doing creative activities and our insight. We sincerely,
In the early….., Bangladesh has been imposed by non-tariff barriers by Indian authority of export. They have decided to make huge obstacles in between the way of indo-Bangla export-import facilities. As even Bangladesh is a neighboring country of India it is not so easy to export product but easy to import. After preparing this assignment we have come to an decision that unless India eliminate all the hindrance between these two countries export-import facilities cannot be increased, when it is must for our country to earn as much foreign currency as we can. Bangladesh high commission even interfered about this matter and tried several times to find out successful measures but they failed because of India’s hard behavior towards Bangladesh. We have tried our best to find out the best measures but unless India’s approval nothing can be happened. The hopeful thing that recently Bangladesh and India has come into a compromise to eliminate bans from 61 product of Bangladesh. In near future we are expecting some positive response from India but if there any negative results come out there is nothing to get wonder.
Non-Tariff Barriers (NTBs):
It refers to restrictions that result from prohibitions, conditions, or specific market requirements that make importation or exportation of products difficult and/or costly. NTBs also include unjustified and/or improper application of Non-Tariff Measures (NTMs) such as sanitary and phytosanitary (SPS) measures and other technical barriers to Trade (TBT). NTBs arise from different measures taken by governments and authorities in the form of government laws, regulations, policies, conditions, restrictions or specific requirements, and private sector business practices, or prohibitions that protect the domestic industries from foreign competition.
Non-Tariff Barriers to trade can arise from:
* Import bans
* General or product-specific quotas
* Complex/discriminatory Rules of Origin
* Quality conditions imposed by the importing country on the exporting countries * Unjustified Sanitary and Phyto-sanitary conditions
* Unreasonable/unjustified packaging, labeling, product standards * Complex regulatory environment
* Determination of eligibility of an exporting country by the importing country * Determination of eligibility of an exporting establishment (firm, company) by the importing country. * Additional trade documents like Certificate of Origin, Certificate of Authenticity etc * Occupational safety and health regulation
* Employment law
* Import licenses
* State subsidies, procurement, trading, state ownership * Export subsidies
* Fixation of a minimum import price
* Product classification
* Quota shares
* Multiplicity and Controls of Foreign exchange market * Inadequate infrastructure
* "Buy national" policy
* Over-valued currency
* Restrictive licenses
* Seasonal import regimes
* Corrupt and/or lengthy customs procedures...