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Term Conditions Page

 Introduction 

1.1 World trade is constantly changing and expanding due to globalization and the 

evolution of competitive free market economies. The main objective of the Ministry 

of Commerce is to make the economic activities of Bangladesh dynamic and export 

oriented to respond to the rapidly changing competitive world trading system. Trade 

and commerce is the main driving force for socio-economic development. One of 

the main objectives of the government is to boost employment and income 

generation for the huge population, and to reduce the current poverty level by half, 

through expansion of trade. The Ministry of Commerce has been working to further 

involve women more in trade expansion activities and reduce the disparity between 

males and females in commercial activities.

1.2 Ministry of Commerce plays a key role in facilitating internal and foreign trade, 

expansion of export trade, increasing capacity and stabilizing the prices of essential 

commodities. The Competition Commission has already started its work under The 

Competition Act, 2012 to maintain a sound competitive environment in the existing 

trade and commerce of the country. Committees on Consumers’ Rights Protection 

have expanded their activities in 61 districts. The Business Promotion Council is 

playing an active role by introducing and implementing appropriate programs for 

export diversification. Through signing the TICFA contract multilateral, regional and

bilateral negotiations duty-free market were created, under TPS-OIC the Rules of 

Origin was finalized including duty and quota free (DFQF) access of Bangladeshi 

goods in the markets of Chile, Thailand, China, India, South Korea, Australia and 

Japan. The tenure for all types of intellectual property rights of TRIPS were increased 

from 01 July 2013 to 01 July 2021. Special preference has been declared for the least 

developed countries in the service sector under the WTO. Preferential Market 

Access in the service sector has already been declared by 25 countries. As a result, 

export in the service sector of Bangladesh will be increased. Duty and quota free 

access to Indian markets is allowed for all Bangladeshi commodities with the 

exception of 25 related to tobacco and wine and four border haats at Bangladesh￾India border have been established. Besides, the purchase limit per customer at the 

border hat has been increased to $100 from $50 after amending the list of saleable 

goods to make the border haat more active. Bangladesh and Bhutan have signed a 

Trade Agreement for five years and trade has been started through Tamabil and 

Burimari land port. Bangladesh as a LDC is getting the duty free quota free access 

(DFQF) facility to all developed countries except USA, Russia and Ireland under the 

The Quality Product. The 1st Delivery.

লিস্ট করার দায়িত্ব আপনার। পৌঁছে দেওয়ার দায়িত্ব আমাদের।

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