Dhaka, March 17 -- The Bangladesh Bank (BB) has allowed exporters to send transport or shipping documents directly to foreign buyers for export consignments worth up to $100,000, aiming to facilitate foreign trade.
Authorised Dealer (AD) banks will allow exporters to arrange transport documents in the name of foreign importers or other designated parties for shipments valued at up to $100,000 or the equivalent, according to a notification issued by the central bank on Monday.
Under the new arrangement, exporters will also be able to dispatch those documents directly to the importers or their nominated parties.
Officials at the central bank said the latest measure aims to help exporters meet the requirements of international buyers, man...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.