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Global Trade Alert

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Bangladesh: Relaxed value addition requirement for export subsidy on readymade garments

Description

On 9 May 2022, the Bangladesh Bank through foreign exchange policy department circular No. 8 reduced the value addition requirement from 30% to 20% for manufacturers of readymade garments to avail the...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

09 May 2022

Revocation date

30 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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