The Bangladesh Bank has asked all the foreign exchange dealer banks to follow the new export policy while making foreign exchange transactions in regards to exports in goods and services from Bangladesh.
In a circular letter, issued on Thursday, the central bank said that the Export Policy 2018-2021 had already been issued by the commerce ministry. The new policy would be effective until June 30, 2021.
If otherwise not asked, all the banks dealing with export procedures have to follow the new policy, the circular underscored.
The new export policy aims to enhance the annual export value at $60 billion by 2021, which stood at $39.25 billion in 2018.
In this policy, 13 sectors have got recognition as ‘highest priority sectors’, while 19 as ‘special developing sectors.’
