Global Trade Alert
Global Trade Alert

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

Announcement

09 May 2022

The Bangladesh Bank has announced a reduced value addition requirement to obtain a subsidy on readymade garment exports.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 May 2022

Revocation date:

30 Jun 2022

Updated: 09 May 2022
Local content incentive
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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