Finally, I would like to thank all those that participated in our discussion, and I look forward to receiving the answers from Bangladesh to any outstanding questions within one month, at which point the Review will be successfully concluded. Copyright Ⓒ 2012-2019. General import regulations and requirements. On the other hand, Members stressed that in order to keep the growth momentum and address post-LDC graduation challenges, Bangladesh would have to engage further in ongoing reforms, which would enhance the diversification of its economy and the competitiveness of its industries, as well as improve its business environment and fiscal conditions. Members commended Bangladesh for its strong economic performance, which was enabled by prudent macroeconomic management. Also, I would like to thank our discussant H.E. combined information of Master B/L and House B/L), namely Import … Currently, local gold demand which is between 30 and 40 tons a year is fully met by smuggled gold, industry people said. %���� <> A. Myers, Agricultural Attaché Prepared By: Tanvir Hossain, Agricultural Specialist Report Highlights: The minimum capital required to become a dealer has been set at Tk 1.0 crore, it was learnt. // checkTranslation(news_ref); Members noted Bangladesh's record of WTO notification, in part due to lack of administrative constraints, and encouraged the strengthening of efforts in this area and furthering regulatory transparency. Overview: This page contains the latest international trade data for Bangladesh, including service trade data, and tariffs.In 2018 Bangladesh was the number 42 economy in the world in terms of GDP (current US$), the number 54 in total exports, the number 50 in total imports, and the number 127 most complex economy according to the Economic Complexity Index (ECI). endobj <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 16 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S>>

Bangladesh Bank would set up a central information bureau that would keep information on the annual demand for gold, its local trade, import and export, revenue collection, seizure of gold, its sale on auction, and other relevant data, the policy said further.

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stream The fifth Trade Policy Review of Bangladesh has offered us a good opportunity to deepen our understanding of recent developments in, and challenges to, its trade, economic, and investment policies. endobj Duty benefits would be given to exporters who import bars and then export gold ornaments. I would like to thank the Bangladeshi delegation, led by the Honourable Minister of Commerce, Tipu Munshi, for its active participation in this exercise. //-->. Import Tax Rate on used vehicles imported in Bangladesh. On October 3, the cabinet approved the first-ever gold policy for the country, aiming to make import and export of the precious metal easy, stop its smuggling, and ensure transparency in its trade. If so, please contact webmaster@wto.org giving details of the operating system and web browser you are using. x��\�r�8}w��oKM�q%�oJ|O��Y[٭��>(�,�F��T>y�b���-[��HS��A��F��n ʷӓ���� �Bf�k�$Kǧ'���-OO>NO�_ Authorities seized 1.674 tons of smuggled gold at airports in the past four financial years, according to the TIB report. Problems viewing this page? 8/C, FR Tower, Panthapath, Dhaka 1207, Bangladesh. The cabinet also approved in principle the drafts of Bangladesh Sugar-crop Research Institute Act, 2018 and Bangladesh Road Transport Corporation Act, 2018.