Trade
US trade agenda: gratitude for BD’s ‘constructive’ response
Dhaka, April 15 - US Deputy Assistant Secretary in the Bureau of South and Central Asian Affairs (SCA) Nicole Ann Chulick on Tuesday expressed gratitude for Bangladesh’s "prompt and constructive" response to their trade agenda.Special Envoy to the Chief Adviser on International Affairs Lutfey Siddiqi welcomed Nicole Chulick and her delegation ... » Details
Bangladesh Suspends Yarn Imports from India via Land Ports
The National Board of Revenue (NBR) has suspended the import of yarn from India through five major land ports with immediate effect, in a move aimed at protecting domestic textile mills and ensuring fair competition in the market.According to a notification issued on Tuesday, yarn import has been halted through the ... » Details
Bangladesh, Singapore Pledge to Finalize FTA by 2026
Bangladesh and Singapore reaffirmed their commitment to finalizing the Free Trade Agreement (FTA) by 2026 during the Fourth Foreign Office Consultations (FOC) held in Singapore today.In addition to the FTA, the two countries agreed to advance discussions on several key agreements, including the Agreement on Customs Cooperation, the Revised Protocol for ... » Details
Bangladesh and Türkiye Aim to Strengthen Trade Ties
Bangladesh and Türkiye are seeking to enhance their trade and investment relations, with both nations emphasizing the importance of expanding economic cooperation and exploring new opportunities for collaboration.This focus on boosting bilateral ties emerged during a productive meeting between Turkish Trade Minister Prof. Dr. Omer Bolat and Bangladesh’s Information Adviser Md. ... » Details
Bangladesh Sent Garments to 36 Nations via India
Between January 2024 and March 2025, Bangladesh exported garments worth around Tk5,640 crore (approximately USD 462 million) to 36 countries using Indian road transit. This averaged about Tk376 crore in exports every month.The garments were transported by truck through India’s West Bengal to ports and airports for onward shipment to third ... » Details
US tariffs move could see 3% fall in global trade: Top UN economist
11 April 2025 - Global trade could shrink by three per cent as a result of the United States’ new tariff measures which in the longer term could reshape and boost as-yet untapped regional commercial links, a top UN economist confirmed on Friday.“There will be shifting, I think, in supply chains, ... » Details
Secy-Gen Emphasizes ICDT Programs in Enhancing Intra-OIC Trade, Investment
Jeddah, 10-04-2025 - In his message to the 42nd Meeting of the Islamic Centre for the Development of Trade (ICDT), which was held in Casablanca, Kingdom of Morocco, on 9th-10th April, 2025, H.E. Mr. Hissein Brahim Taha, the Secretary-General of the Organization of Islamic Cooperation (OIC), highlighted the importance of ICDT ... » Details
UK Trade Envoy Meets Commerce Adviser to Boost Trade
UK Trade Envoy to Bangladesh, Rt. Hon. Baroness Rosie Winterton, met with Commerce Adviser Sk. Bashir Uddin at the Bangladesh Secretariat on April 10, 2025, to discuss matters of mutual interest, focusing on enhancing trade, commerce, and investment between the two nations.During the meeting, Commerce Adviser Bashir emphasized the importance of ... » Details
Trump Agrees to Suspend Addt’l Tariffs on Bangladesh
In a major development for international trade, US President Donald Trump has agreed to suspend additional tariffs on Bangladesh, following a formal request from global leaders, including Dr. Muhammad Yunus, the Chief Advisor to Bangladesh's Interim Government.The decision comes after a letter, sent on April 7, urged President Trump to reconsider ... » Details
Transshipment Cancellation Won't Impact Exports: Experts
The Narendra Modi-led government in India has announced the cancellation of the transshipment facility granted to Bangladesh, which allowed the transportation of export goods through Indian land customs stations to third countries. The cancellation was confirmed via a notification from India's Central Board of Indirect Taxes and Customs (CBIC) on April ... » Details