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Global Trade Alert

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Bangladesh: Enhanced advance payment against imports of medical items in response to the COVID-19 pandemic

Description

On 23 March 2020, the Foreign Exchange Policy Department of the Bangladesh Bank notified through FE Circular No. 15 that the limit for advance payment by Authorized Dealer (AD) banks has been enhanced...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

23 Mar 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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