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Global Trade Alert

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Bangladesh: Cash margin requirement relaxed for imports of essential goods during Ramadan

Description

On 17 January 2024, the Bangladesh Bank through BRPD Circular Letter No. 05 relaxed the cash margin requirement for opening letters of credit for imports of essential consumer goods during the month o...

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Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

17 Jan 2024

Revocation date

31 Mar 2024

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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