A Handbook for Export from Bangladesh

Written and Compiled

by

ABU SAYEED CHOWDHURY Deputy Secretary

Ministry of Public AdministrationDhaka.

Email: sadif_246@yahoo.comPhone: 01819489152/7162512(Off)

Date: 07 March, 2012

Preface

Trade and Commerce is one of the prime driving forces of socio-economic development. Since last two decades, export has been playing a very important role in the socio-economic development of Bangladesh. These days, export of Bangladesh has been developing and expanding fast contributing in employment generation and reducing poverty significantly. The number of young and educated entrepreneurs in the export business is increasing day by day. It is important for them to know how to deal in the export business and the relevant laws, rules and policies. But unfortunately, it is not easy for them to have access as the export related laws, rules and policies are endorsed by different authorities and they are not compiled rather they are scattered and some times hardly available. Besides, it is very difficult to understand their texts as they are formulated in the respective texts, format and are throne with many difficult jargons. These situations call me for developing “A Hand Book for Export from Bangladesh” which is user-friendly and easy to understand.

Fortunately, an opportunity came to develop such hand book when I was participating in Management at the Top-2 (MATT-2) training program starting from 27 February, 2011 at Savar, Dhaka. I belong to Batch-30, Group-E in that training course. As requirement of the training program “An Individual Action Plan” (IAP) has to be undertaken by each participant. I was pleased to undertake my IAP on developing the above mentioned hand book. With a view to develop the handbook I have been working as per action plan. I have to visit and consult with the concern officials. At first I sought and obtained permission from honorable Commerce Secretary who extended his sincere cooperation to develop the handbook. I am grateful to Mr. Monoj Kumar Roy, Joint Secretary (export) of Ministry of Commerce for his out supports throughout the development of the handbook. I also must remember the concerned officials of Export Promotion Bureau (EPB), Office of the Chief Controller of Import and Export (CCI&E), National Board of Revenue (NBR) for their help, support and cooperation.

Collecting all the export related laws, rules, circulars and orders from the respective authorities, I have compiled all of them into a booklet. Besides, for easy understanding and making it user-friendly I have prepared a summary on export from Bangladesh where I briefly have described the export rules, procedures, policies etc with annexure of relevant laws, rules and circulars. In addition, I have furnished some Frequently Asked Questions (FAQ) and Answers to make the answers of frequent queries available which I hope will help make the handbook more useful. The table of contents also has short description of all the materials included in this booklet which will further help the users//readers to search or understand the relevant contents. Finally, contact addresses of some foreign buyers and web addresses of Organizations facilitating export at the end of the handbook will definitely help the exporters in their endeavor for exports.

The handbook is under process of publication and printing. At this moment a few copies are available. It is also notable that the book is continuously being updated the soft copy of which can be sent through email if requested. Should there be any query please don't hesitate contact with the writer.

ABU SAYEED CHOWDHURY Deputy Secretary

Table of Contents

SL. No

Subject Page No/Link

Short Description

1 Summary on Export from Bangladesh

Page 1-3 Here overview, policy, strategy, short description of all related Rules & Policies etc of Export of Bangladesh have been briefly described.

2 Frequently Asked Question(FAQ) and

Answers

Page 4-9 Export related some important questions and answers have listed in this section.

3 The Import and Export Control Act 1950

Annexure-1 This act is to control the import & export and provide the Government of Bangladesh power to act accordingly for the interest of the country.

4 Export Policy 2009-12(both Bengali and English version)

Annexure-2 Here Government's Strategy, Guideline, Support etc for Export of Bangladesh have been detailed

5 The Public Notice No. 42 (2003-2006)/import dated June 28, 2005 (14 Ashar 1412 Bangla)

Annexure-3 Provides the Rules and Procedure for Entre-pôt and Re-export Trade

6 FE circular no 17 dated 20-9-2010

Annexure-4 Procedure for obtaining cash incentive and list of items illegible for cash incentive including rate in percentage have shown

6(a) Para-2 of FE circular no 15 dated 6-10-2005

Annexure-4a Shows the list of agro processing products eligible for obtaining cash incentive.

7 Circulars regarding Export Development Fund (EDF)

Annexure-5 Procedure of giving export loan (EDF) for input materials procurement

8 CIP(export)-Policy-2006

Annexure-6 Conditions, Eligibility and Procedures for selecting Commercial Important Person (CIP) for contribution in Export have been described

9 National Export Trophy Policy-2006

Annexure-7 Conditions, Eligibility and Procedures for awarding Export Trophy to the best exporters have been described

10 The Importers, Exporters and

Indentors (Registration) Order,

1981.

Annexure-8 This order details about the conditions and procedures of importers, exporters and inventors registration. As per this order all exporters, importers and inventors must register at the Office of Chief Controller of Import and Export

11 The Review, Appeal, and Revision Order

Annexure-9 This order outlines the appeal, review & revision and their procedure against an

1977. aggrieved person's application for export/ import license or permit.

12 SRO No 191-law/2011 Date 20 June,2011

Annexure-10 An order that has banned export of all kinds of rice till 30 June, 2012

13 SRO No 157-law/2008 Date 19 June, 2008

Annexure-11 An order that has fixed minimum export price (MEP) of Hilsa Fish

14 SRO No 117-law/2011 Date 08 May,2011

Annexure-12 An order that has fixed minimum export price (MEP) of Cotton Waste

15 SRO No 254-law/2008 Date 01 September, 2008

Annexure-13 An order that has fixed minimum export price (MEP) of Maze

16 SRO No 18-law/2006 Date 07 Feb. 2006, SRO No 200-law/2006 Date 10 August, 2006, SRO No 245-law/2006 Date 10 October, 2006 and their English translation

Annexure-14 States rough diamond import and export (control) rules and procedures.

17 List of Foreign Buyers Annexure-15 Addresses of some foreign buyers have been listed for ready help of exporters of Bangladesh

18 List of Organizations Facilitating Export

Annexure-16 Web addresses of Export Facilitating Organizations have been listed for further help and information

19 Bangladesh Export Trend

Annexure-17 Shows export trend of Bangladesh since 1974-75 including export performance in July-June, 2011

Note: If requested, Annexure and the updated complete hand book can be sent through email or at postal address. For further information/comments (if any) please contact at 01190646218 (Kamal) / 01819489152/ sadif_246@yahoo.com