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Global Trade Alert

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Bangladesh: Cash margin requirement relaxed for imports of engine oil/lubricants

Description

On 22 December 2022, the Bangladesh Bank through BRPD Circular Letter No. 54 relaxed the cash margin requirement for opening letters of credit for imports of engine oil or lubricants. Further, the req...

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Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

22 Dec 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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Threads

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