Dhaka, Aug. 18 -- The government has allowed Sincos Automation Technologies Limited, a private company, to import 1.0 million tonnes of sugar and lentils for sale under the state-run Trading Corporation of Bangladesh's (TCB) sales drive.
The Ministry of Commerce (MoC) recently granted approval through an official order following the company's request.
According to an MoC official, with imports of sugar and lentil now open to the private sector, the company can import 0.5 million tonnes of sugar and 0.5 million tonnes of lentil.
Under the Import Policy Order 2021-2024, imports of lentils and sugar through Letters of Credit (LCs) are allowed on a commercial basis, the official said. The order also stipulates that the imported products mu...
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