Global Trade Alert
Global Trade Alert

Bangladesh: Increase in cash margin requirement for opening letters of credit for non-essential goods

Announcement

11 May 2022

Bangladesh has increased the cash margin requirement for opening letters of credit to import non-essential goods.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 May 2022

Revocation date:

03 Jul 2022

Announced: 11 May 2022
Trade payment measure
On 11 May 2022, the Bangladesh Bank imposed a 75% cash margin requirement for opening letters of credit to import high-end motor vehicles, and electrical and electronic products that are used as home ...
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Announced: 11 May 2022
Trade payment measure
On 11 May 2022, the Bangladesh Bank increased the minimum cash margin requirement for opening letters of credit to import non-essential goods from 25% to 50%. The cash margin requirement was earlier i...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions