Tag: Ministry of Commerce

14 news articles tagged with "Ministry of Commerce"

Trade & Commerce ★ Editor's Pick Aug 09, 2026

Bangladesh Pushes for EU Trade Deal and RCEP Entry: Dual Negotiation Strategy Unveiled

Bangladesh pursuing FTA with EU and accession to RCEP simultaneously. EU is largest export destination (21.5% of trade). Bilateral trade €23.3B. EBA utilisation 96%. RCEP covers 30% of global GDP.

Policy & Regulation ★ Editor's Pick Jul 30, 2026

PM Tarique Rahman Orders Reopening and Privatisation of Closed State-Run Factories by 2026

Prime Minister Tarique Rahman has directed authorities to complete the reopening and privatisation of long-closed state-owned industrial units by 2026. The directive came at a high-level meeting attended by key ministers and BIDA chairman.

Policy & Regulation ★ Editor's Pick Jul 31, 2026

Bangladesh Businesses Need 31 Licences and 650 Days to Launch, BUILD Study Reveals

A BUILD study reveals that Bangladeshi businesses in some sectors need up to 31 licences, 235+ documents, and 650 days to start operations. The study proposes a Single Digital Business Identity Number and one-stop licensing platform to reduce compliance costs by 30-50%.

Trade & Commerce ★ Editor's Pick Sep 02, 2026

Bottled Soybean Oil Price Rises Tk 5 to Tk 204 Per Litre in Bangladesh

Government raises bottled soybean oil price from Tk 199 to Tk 204 per litre citing higher international prices, while loose soybean and palm oil prices remain unchanged, with BTTC having recommended Tk 10 increase.

Agriculture & Food Aug 27, 2026

Bangladesh Fertiliser Stocks Ample Despite Artificial Crisis: Agriculture Minister

Agriculture Minister Mohammad Amin Ur Rashid says warehouses are well-stocked and the government is working to ensure fair prices for farmers through the Farmer Card initiative and expanded cold storage.

Trade & Commerce Apr 08, 2025

Bangladesh-India Trade via Benapole Port Drops 50% in FY2025-26 Amid New Trade Restrictions

Exports through Bangladesh's key land port of Benapole fell by nearly 50% in FY2025-26 as India-imposed trade restrictions deepened the crisis for bilateral commerce between the two neighboring countries.

Trade & Commerce Aug 26, 2026

Bangladesh to Retain Duty-Free Market Access to UK After LDC Graduation

UK High Commission letter dated 19 August 2026 confirms Bangladesh retains duty-free access to 92% of UK goods after LDC graduation, with relaxed rules of origin for garment exporters.

Policy & Regulation Aug 26, 2026

Bangladesh Cuts or Waives Minimum Tax on Business Turnover to Support Enterprises

Bangladesh government has cut or waived the minimum tax on business turnover, aiming to reduce the financial burden on enterprises facing economic headwinds.

Trade & Commerce Aug 25, 2026

Bangladesh Import Regime Lays Groundwork for Free Trade Zones and Central Bonded Warehouses

Import Policy Order 2026-2029 introduces free trade zones and central bonded warehouses, aiming to position Bangladesh as a regional trade and re-export hub ahead of LDC graduation.

Trade & Commerce Aug 25, 2026

Bangladesh New Import Policy 2026-2029 Eases Industrial Imports for Expatriate Investors

Import Policy Order 2026-2029 formally defines expatriate Bangladeshi investors and eases capital machinery imports, with modern payment methods aligned to Bangladesh Bank forex rules.

Agriculture & Food Aug 01, 2026

Russia Offers Bangladesh $10 Per Tonne Discount on Urea Fertilizer Supply

Russia has offered to supply urea fertilizer to Bangladesh at $10 lower per tonne than other suppliers, proposing 280,000 tonnes through BCIC. The offer was made during a meeting between Russian Chargé d'Affaires and Commerce Minister Khandakar Abdul Muktadir.

Policy & Regulation Jul 31, 2026

Bangladesh Government Plans AI-Powered Analytics to Forecast Commodity Shortages

The Bangladesh government is planning to introduce an AI-based data analytics system to forecast essential commodity shortages by analysing 10 years of data. Commerce Minister Khandakar Abdul Muktadir said the platform would enable faster, better-informed decisions on commodity management.

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