Export policy (pdf)
Link for Export policy download
Chapter One
Title, objectives, strategies, application and scope
Title
This Policy shall be called the Export Policy 2015-18. It has been published as on 9th September 2015 by Ministry of Commerce. It has been come to effect from publishing date to further publish any Export policy order by Bangladesh Govt. authority.
Objectives of the export policy.
The main objectives of the export policy are:
1. To update and liberalize the trade regime keeping consistence with the global perspectives and needs, and the requirements of World Trade Organization and sub-regional connectivity of the four countries (Bangladesh-India-Nepal-Bhutan).
2. To take step for raising export earnings to US$ 60 billion by 2021.
3. To increase export, expand markets and diversify products, and improve balance of trade
4. Rationally with different countries in light of the Perspective plan and 6th and 7th Five year plan, with a view to graduating Bangladesh to a Middle income country by 2021.
5. To increase export of all types of products including plant & plant produces and non-traditional products, as well as to establish a compliant supply chain through contract farming, with the conviction of building a poverty-free Bangladesh through creation of employments for the huge population of the country.
6. To arrange export of quality products at competitive price, take coordinated effort to upgrade the testing facilities to global standard, improve quality of products, encourage the use of the state-of-the-art, appropriate and environment- friendly technology, produce high value added exportable products and improve designs of products.
7. To make export trade unhindered by ensuring compliance in the export oriented industry and consolidate the position of Bangladesh in the competitive global trade.
8. To increase the stake of service sectors including ICT in the export, and bring dynamism to the export trade by utilizing e-commerce and e-governance.
9. To encourage production of labour-intensive products, and to enhance the involvement of
women force in export oriented industries and trade.
10. To make infrastructural facilities including electricity, water and gas easily obtainable, enhance capacity of the ports and develop communication system connecting the ports in order to facilitate increasing the export.
11. To increase the number of Business Promotion Council already established and strengthen their activities to facilitate public-private partnership, export diversification and institutionalization.
12. To make Bangladesh missions abroad more business-friendly.
13. To do branding of Bangladeshi products.
14. To establish more business-friendly banking system under the support of Bangladesh Bank and encourage factoring services for export trade financing.
15. To expand export trade by establishing import substitute industries.
16. To encourage FDI (Foreign Direct Investment) in the export oriented industries for escalating export.
17. To make raw materials, from local and foreign sources, easily available in producing exportable goods.
18. To enhance productivity and diversify products.
19. To search for new markets, adopt new strategies, collect and analyze information relating to international market in order to expand market of export products.
20. To assist in building necessary infrastructure and in special cases backward and forward linkage for encouraging production and marketing of exportable commodities.
21. To extend all-out assistance to the existing exporters and create new exporters.
22. To provide assistance in generating skilled manpower suitable for international trade through imparting appropriate training; and
23. To make the Chambers of Commerce, Trade Associations, Businessmen and the people concerned with trade aware of the changing rules & regulations of the international trade.
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