A Handbook for Export from Bangladesh

Written and Compiled by ABU SAYEED CHOWDHURY Deputy Secretary Ministry of Public Administration Dhaka. Email: sadif_246@yahoo.com Phone: 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 userfriendly 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 1

Subject Summary on Export from Bangladesh Frequently Asked Question(FAQ) and Answers The Import and Export Control Act 1950 Export Policy 2009-12 (both Bengali and English version) The Public Notice No. 42 (2003-2006)/import dated June 28, 2005 (14 Ashar 1412 Bangla) FE circular no 17 dated 20-9-2010

Page No/Link Page 1-3

Short Description Here overview, policy, strategy, short description of all related Rules & Policies etc of Export of Bangladesh have been briefly described. Export related some important questions and answers have listed in this section. This act is to control the import & export and provide the Government of Bangladesh power to act accordingly for the interest of the country. Here Government's Strategy, Guideline, Support etc for Export of Bangladesh have been detailed Provides the Rules and Procedure for Entre-

2 3

Page 4-9 Annexure-1

4 5

Annexure-2 Annexure-3

pt and Re-export Trade

Annexure-4 Annexure-4a Annexure-5 Annexure-6 Procedure for obtaining cash incentive and list of items illegible for cash incentive including rate in percentage have shown Shows the list of agro processing products eligible for obtaining cash incentive. Procedure of giving export loan (EDF) for input materials procurement Conditions, Eligibility and Procedures for selecting Commercial Important Person (CIP) for contribution in Export have been described Conditions, Eligibility and Procedures for awarding Export Trophy to the best exporters have been described 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 This order outlines the appeal, review & revision and their procedure against an aggrieved person's application for export/ import license or permit. An order that has banned export of all kinds of rice till 30 June, 2012 An order that has fixed minimum export

6(a) Para-2 of FE circular no 15 dated 6-10-2005 7 Circulars regarding Export Development Fund (EDF) 8 CIP(export)-Policy2006 9 10 National Export Trophy Policy-2006 The Importers, Exporters and Indentors (Registration) Order, 1981. The Review, Appeal, and Revision Order 1977. SRO No 191-law/2011 Date 20 June,2011 SRO No 157-law/2008

Annexure-7 Annexure-8

11

Annexure-9

12 13

Annexure-10 Annexure-11

14 15 16

17 18 19

Date 19 June, 2008 SRO No 117-law/2011 Date 08 May,2011 SRO No 254-law/2008 Date 01 September, 2008 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 List of Foreign Buyers List of Organizations Facilitating Export Bangladesh Trend Export

Annexure-12 Annexure-13 Annexure-14

price (MEP) of Hilsa Fish An order that has fixed minimum export price (MEP) of Cotton Waste An order that has fixed minimum export price (MEP) of Maze States rough diamond import and export (control) rules and procedures.

Annexure-15 Annexure-16 Annexure-17

Addresses of some foreign buyers have been listed for ready help of exporters of Bangladesh Web addresses of Export Facilitating Organizations have been listed for further help and information 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